Buy-to-let mortgage brokers will switch their attention to the remortgage of five-year deals written in 2016 after the Stamp Duty holiday ends at the end of March, Paragon Bank research has found. 

Paragon Bank has announced it is adding to its buy-to-let product range by launching a new five-year fixed rate for larger loans. 

The desire of tenants in the private rented sector to own a property falls from the age of 35, along with the propensity to save towards a deposit as tenants get older, Paragon research has found.

Paragon Bank has resumed accepting applications on buy-to-let properties that are, or will be, let to students.

Just under half of landlords have indicated that they intend to make energy efficiency improvements to their properties as part of the Government’s Green Homes Grant scheme.

Tenant demand hit a four-year high during the third quarter of 2020, with landlords in the North West and South West reporting the strongest levels of growth

Mortgage brokers have revealed their biggest challenges, offering an insight into how lenders can support them. 

Just under half of mortgage intermediaries expect to write more buy-to-let business in the next 12 months, according to Paragon Bank’s Financial Adviser Confidence Tracker (FACT) Index.

Paragon Bank Managing Director of Mortgages Richard Rowntree comments on today’s Household Finance Review, which included Q2 lending figures for the buy-to-let market. 

Landlords are reporting that tenants are prioritising properties with gardens and space to work when looking for their next rented home, Paragon Bank research has revealed.