Jump to content
House Price Crash Forum
Sign in to follow this  

Paragon Launches Paragon Premier

Recommended Posts

Corporate BTL loans becoming a bit more mainstream?


 Buy-to-let lender launches pilot for new product range

 Products include enhanced criteria for professional landlords

 Specific features designed for limited companies

Paragon Mortgages are launching a new product range aimed at professional landlords with larger-scale portfolios, which will be available through an exclusive distribution network.

‘Paragon Premier’ is a range of products designed to meet the needs of landlords with larger portfolios. The product range features enhanced criteria and includes a range of lifetime trackers starting at 4%, three year fixes starting at 3.55% and five year fixes at 4.50%.

The new product range will include loan-to-values of up to 80%.

John Heron, Managing Director of Paragon Mortgages, said: “These new products are designed for top-end professional landlords, specifically those that hold their portfolios in special purpose companies.

“As this is a pilot scheme for more complex buy-to-let cases, we are working with a limited number of specialist intermediaries with a proven track record in the market. Whilst we have been working on this development for some time, we do expect that interest in the scheme will be boosted by the proposals to limit landlord tax relief in the Summer Budget. This latest initiative is part of our ongoing strategy to ensure that we have a comprehensive proposition for residential property investors.”

Share this post

Link to post
Share on other sites

'Products include enhanced criteria for professional landlords'

Is that like go-faster stripes on cars?

Why do I feel that the thing that will be 'enhanced' is the cost?

Maybe Im missing a trick? How about I take out a mortgage, and 'enchanced' to a BTLer for another 5%?

I feel a wealthy, stress-free retirement coming ....

Maybe I can do some seminars on it and charge people 5K/head?

Share this post

Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • The Prime Minister stated that there were three Brexit options available to the UK:   295 members have voted

    1. 1. Which of the Prime Minister's options would you choose?

      • Leave with the negotiated deal
      • Remain
      • Leave with no deal

    Please sign in or register to vote in this poll. View topic


Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.