Products are available up to 80% loan-to-value (LTV) for both purchase and remortgage cases.
Paragon Bank refreshed its buy-to-let (BTL) mortgage range with rates from 3.55%.
Products are available up to 80% loan-to-value (LTV) for both purchase and remortgage cases.
The range covers 2-year and 5-year fixed-rate deals at 60%, 70%, 75% and 80% LTV, open to individual and limited company landlords in England, Scotland and Wales.
Within the single self-contained range at 75% LTV, 2-year fixed rates start from 3.55% on green mortgage products for properties with energy performance certificate (EPC) ratings of A to C.
Similar products for properties with lower EPC ratings start from 3.60%.
5-year fixed rates start from 4.95% on green mortgages or 5.00% for properties with EPC ratings below C.
For landlords financing houses in multiple occupation (HMO) and multi-unit blocks (MUBs), 2-year fixed rates start from 3.70% at 75% LTV, while 5-year fixed rates start at 5.10%.
The range includes nil-fee, percentage-fee and fixed-fee options.
Some products include cashback up to £1,000.
Application fees vary by product and property type.
James Harrison (pictured), product manager at Paragon Bank, said: “While swap rates remain volatile, we’ve created efficiencies within our pricing and proposition processes that allow us to respond quickly to market movements when they occur.
“At the same time, we’ve ensured brokers can access these products across both our Core and Tailored ranges.
“This provides options for landlords with straightforward borrowing requirements, as well as those with more complex circumstances that may benefit from a tailored underwriting approach.”