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Friday, April 06, 2018

Paragon's new Limited Edition BTL mortgages for portfolio landlords

Paragon launches Limited Edition buy-to-let range with cashback and free mortgage valuation for portfolio landlords
  • New Limited Edition buy-to-let mortgage range for portfolio landlords
  • Product highlights include 3.40% 2 year fixed rate @ 75% LTV for SSC units
  • Range also includes 3.74% 5 year fixed rate @75% LTV for SSC units
  • Free mortgage valuation and up to £500 cashback upon release of funds

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 Limited Edition 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.

John Heron, Managing Director of Mortgages at Paragon said:

“Our new Limited Edition buy-to-let range brings added choice and flexibility for portfolio landlords looking to refinance or expand. The addition of cashback provides an extra boost, helping landlords fund the up-front costs associated with arranging finance and enhancing value for this important segment of the market.”

Email:info@propertyhawkbtlmortgages.co.uk
Tel: 029 2069 5446

1 comment:

Allen Wood said...
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