Expand your portfolio with new buy to let mortgage range from Paragon.
Landlords: you could expand your portfolio with a buy to let mortgage from a brand new limited edition range launched by Paragon.
Details of the range include:
- 2 year fixed rate at 3.40% for shared service units and for up to 75% LTV
- 2 year fixed rate at 3.60% for HMOs and MUBs and for up to 75% LTV
- 5 year fixed rate at 3.74% for SSCs for up to 75% LTV
- 5 year fixed rate at 3.84% for HMOs and MUBs for up to 75% LTV
Cashback is included for both 2 and 5 year options, which can be useful to put towards the up-front costs associated with remortgaging or purchase.
If expanding your portfolio is of interest to you, why not have a conversation with a Deal Direct advisor? We can help you to research and explore all appropriate buy to let mortgage options, comparing and contrasting rates that:
- suit your borrowing requirements
- help you maximise your profitability
We are regulated to offer independent mortgage advice; however, we are not regulated to offer general financial advice. If you want to discuss the suitability of a property as an investment, you will need to contact an independent financial adviser.
Please note that buy to let mortgage applications from:
- applicants whose intention is to benefit from house price growth
- applicants whose intention is to benefit from rental income
- applicants who are letting to buy
will be treated as a normal buy to let and not as a consumer buy to let. In addition, their subsequent remortgage applications will also be treated in the same manner.