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Paragon reintroduces holiday lets and short-term finance deals

Paragon Bank has reintroduced holiday let and short-term finance products after adding deals to its buy-to-let (BTL) mortgage ranges. It has introduced four products for purchasing or remortgaging single self-contained properties being let on an approved holiday occupancy agreement, including AirBnB. The offerings are available to investors in their personal names or through limited companies, while two products are offered for portfolio landlords and two are for non-portfolio investors. The 2-year fixed rate products are available at 70% loan-to-value (LTV) on a maximum loan of £500,000. Initial rates start at 4.20%, and two of the four mortgages feature no product fee, while all include a free valuation.

Paragon re-enters holiday let and short-term finance markets

Paragon is re-entering the holiday let and short-term finance markets, including introducing products for Air BnB lets. The lender is offering four new products for purchase or remortgage for single self-contained properties being let on an approved holiday occupancy agreement. There are two products available for

Paragon reduces rates and launches extra-large loan products

Paragon reduces rates and launches extra-large loan products
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Paragon launches green further advance products | Mortgage Introducer

Paragon Bank has expanded its energy efficient focused range with the launch of two further advance products for properties with EPC ratings of A, B or C. The products are available for landlords with four or more mortgaged buy-to-let properties and are looking for additional funding for lettings businesses they manage as individuals, limited companies or limited liability partnerships. All products have nil product fee, no application fee and are offered with a free valuation. The 75% loan-to-value (LTV) further advances are available on houses in multiple occupation (HMOs) multi-unit blocks (MUB) or single self-contained units (SSCs) in England and Wales.

Paragon expands green finance range with further advance products

Paragon expands green finance range with further advance products By Rebekah Commane 28 th April 2021 9:34 am Paragon Bank is growing its green finance range with the addition of two further advance products for properties with an energy rating of A, B or C. The products are available to landlords with four or more mortgaged buy-to-let (BTL) properties and who are looking for additional funding for lettings businesses they manage as individuals, limited companies or limited liability partnerships. The further advances are available on houses in multiple occupation (HMOs), multi-unit blocks (MUBs) or single self-contained units in England and Wales up to 75% LTV and come with free valuations and no application or product fees.

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