12:01 AM, 4th August 2026, 1 minute ago
Landlords considering property purchases, refinancing or refurbishment face a fresh mix of lower rates, wider specialist criteria and one notable price rise.
Paragon Bank has reduced its selected five-year fixed buy to let rates by 15 basis points for single self-contained properties, HMOs and multi-unit blocks.
Its green mortgage range now starts at 4.95% for properties rated EPC A-C and 5% for homes rated D or E, while HMO and multi-unit block deals begin at 5.10%.
Paragon’s refreshed range covers 60%, 70%, 75% and 80% loan-to-value, including limited-edition products and deals within its Tailored proposition.
Landlords can choose from nil-fee, percentage-fee and fixed-fee options, while selected products offer £1,000 cashback.
Paragon cuts pricing
The mortgages are available to individual and limited company landlords in England, Scotland and Wales.
James Harrison, Paragon’s product manager, said: “We’ve seen swap rates cool a little in recent days and have moved quickly to reflect those changes across a selection of products within our buy to let range.
“These reductions ensure landlords are able to benefit from the recent movement in market pricing, while giving brokers additional options when discussing borrowing requirements with their clients.”
HSBC rate increase
HSBC, by contrast, increased selected fixed deals by up to 0.14%, although its two-year product at 75% loan-to-value rose by 0.11% to 4.70%.
Caitlyn Eastell, personal finance analyst at Moneyfactscompare.co.uk, said: “HSBC has increased a selection of its fixed deals by up to 0.14% this week.
“The two-year deal at 75% loan-to-value has seen a slightly lower rise of 0.11% to 4.70%.”
She added: “Despite the increase in rate, this deal continues to take a prominent position as a best buy and is an enticing option for landlords thanks to its free valuation incentive, which offsets the £1,999 fee.”
The mortgage is fixed at 4.70% until 31 October 2028, carries a £1,999 fee, includes a free valuation and permits overpayments.
It is available to second-time buyers across Great Britain and Northern Ireland.
StrideUp specialist limits double
StrideUp has doubled the size of HMOs and multi-unit freehold blocks it will accept through its shariah-compliant Buy to Let Purchase Plan.
The provider will now consider HMOs containing up to 12 bedrooms and multi-unit freehold blocks with as many as 10 units.
Financing remains available at up to 75% finance-to-value, with a maximum of £2.5 million for each property and £3 million across a portfolio held with StrideUp.
Applications are accepted from individuals, groups of up to four people and UK-registered limited companies, while first-time landlords can also be considered.
Rizwan Ali, the firm’s director of sales and marketing, said: “Landlords operating larger HMOs and multi-unit blocks have had very few shariah-compliant routes available to them, and brokers have told us this consistently.
“Extending our criteria to 12-bedroom HMOs and 10-unit MUFBs means intermediaries can now place cases for professional landlords who were previously locked out of values-aligned finance at this scale.”
Bridging finance launch
CHL Mortgages has launched a bridging range covering regulated and non-regulated loans for property transactions and refurbishment work.
The initial products will be available to directly authorised brokers through selected mortgage clubs and packager panels before distribution is widened.
Standard and light refurbishment loans will cover uses including chain breaks, auction purchases and non-structural internal improvements.
Heavy refurbishment finance will be offered for larger projects involving structural work.
Roger Morris, the group distribution director at Chetwood Bank, said: “Entering into the bridging market is a key milestone in our development and represents another important step in the evolution of our specialist lending proposition.
“It enables us to serve a broader range of borrowers by giving us the ability to provide both regulated and non-regulated solutions for a host of property scenarios and refurbishment projects where short-term finance is required.”
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