Paragon has launched a new range of limited edition buy-to-let mortgage products for portfolio landlords who have four or more mortgaged properties, including a free mortgage valuation and up to £500 cashback.
Among the limited edition products is a two year fixed rate at 3.40% for landlords borrowing up to 75% loan-to-value (LTV) on SSC units, and a two year fixed rate at 3.60% for those borrowing up to 75% LTV on HMO and MUB properties.
The range also caters for landlords looking for longer term cost certainty and includes a five year fixed rate at 3.74% for borrowing up to 75% LTV on SSC units, and a five year fixed rate at 3.84% up to 75% LTV for borrowing on HMO and MUB properties.
All products feature a free mortgage valuation. In addition, the products include £250 cashback upon release of funds for customers who select a two year fixed rate mortgage and £500 for those who elect for a five year fixed rate. All of the limited edition products are available for purchase and remortgage.