A new range of discounted variable rate buy-to-let mortgages for landlords from Paragon. Product range includes options for portfolio and non-portfolio landlords with SSCs, MUBs and HMOs.

Buy-to-let mortgage uptake has remained relatively stable despite a slowdown in the overall mortgage market in Q3 2019 according to Paragon’s latest Finance Adviser Confidence Tracking Index.

Landlords operating in the East Midlands and Yorkshire and Humber currently report the highest rental yields according to a Q3 2019 landlord survey for Paragon from BVA BDRC.

Moray Hulme has been appointed as Director of Mortgage Sales at Paragon, expanding his remit to include product development for mortgages alongside continued leadership of the regional sales team.

Paragon’s new buy-to-let portal for mortgage intermediaries launches, featuring enhanced product search, new pre-application mortgage illustrations, and real-time cast tracking.

Over half of all landlords plan to use their current broker when sourcing their next buy-to-let mortgage according to research from Paragon. 

More landlords are reporting a rise in tenant demand, raising concern that rents may rise.

Paragon has refreshed its buy-to-let switch and further advance product range for portfolio and non-portfolio landlords, with a range of two- and five-year fixes available at 75% and 80% LTV.

Applications for interest only mortgages have grown to 20% of mortgage intermediary business according to Paragon’s latest adviser research for quarter two of 2019.

Mortgage intermediaries expect that consumers will buy more mortgages direct from lenders if the FCA's proposals to relax prescriptive policies around execution only sales are implemented as expected.