Paragon launches new 'complex’ self-employed mortgage products.
Sourcing a mortgage has been difficult for self-employed borrowers ever since mortgage regulation tightened.
If you're self-employed and have attempted to get a mortgage in the last few years, you will know what a daunting prospect it can be. Few lenders are making it easy.
However, things could be about to change, as Paragon Mortgages has just announced the release of a new range of 'complex' mortgages for self-employed buyers. This is a major change for the lender, as in the past Paragon has concentrated on the buy to let sector.
For those borrowers who don’t neatly slot into the conventional employment model, Paragon can help. They individually underwrite and look at each application on an individual basis.
Deals are provided by Paragon’s banking subsidiary, Paragon Bank, and range highlights include 2 and 5 year fixes from 75% LTV at 3.29%.
If you are self-employed or a contract worker, call us at Deal Direct for specialist mortgage advice. We have broad experience working within this sector and have relationships with many specialist and niche lenders.
We can search the entire market to find you a self-employed mortgage to make your home-ownership dreams a reality.
For advice and a quote call us today on 0800 048 8828.
