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Paragon has announced the launch of new limited-edition buy-to-let (BTL) mortgage products, featuring competitive rates and options designed to appeal to landlords focusing on energy-efficient properties. These new offerings include deals with loan-to-value (LTV) ratios up to 65%.
Among the new products are options with no arrangement fees and others with a 5% fee. Notably, rates for these limited-edition deals start as low as 4.29% on five-year fixed terms, representing Paragon's lowest five-year fixed rate since August 2022. These particularly attractive rates are aimed at landlords who are either purchasing new properties or remortgaging existing ones that boast high Energy Performance Certificate (EPC) ratings.
For more on this topic, see our guide to Molo Slashes Buy-to-Let Rates to as Low as 2.83%.
For more on this topic, see our guide to Vida Homeloans Lowers Residential and Buy-to-Let Rates, Introduces Limited Edition Deals.
Key Benefits
This strategic move by Paragon underscores its commitment to supporting landlords in acquiring and managing energy-efficient rental properties, aligning with growing market demand for sustainable investments.