Paragon Banking Group reported another quarter of strong growth today. The latest update shows a total of £1.90 billion of new lending across all business lines in the nine months to 30 June 2019.

Paragon has revamped its buy-to-let mortgage range with a combination of lower interest rates, no up-front fees and £350 cashback on selected products.

Paragon has introduced a new range of second charge mortgage products with more competitive interest rates, including variable interest rates from just 3.47%.

Almost four out of ten landlords would like to see a fast track housing tribunal implemented if the s21 no fault eviction process is abolished, according to Paragon’s latest PRS Trends Report.

Large scale landlords are making targeted investments to grow their property portfolio, with increased interest in more complex property types, according to Paragon’s PRS Trends Report for Q2 2019.

Paragon has reported a 16% increase in first half mortgage lending with buy-to-let business dominating new lending and a focus on professional landlords with larger portfolios.

Paragon is expanding its buy-to-let mortgage range with short term finance for landlords.

Mortgage intermediaries enjoyed a bumper quarter at the beginning of 2019, as customer remortgaging helped lift the number of mortgages introduced in the quarter close to a ten-year high.

Paragon has refreshed its buy-to-let mortgage products for spring 2019, including a selection of two and five year fixed rate buy-to-let mortgages for landlords.

Landlord action to mitigate tax costs will result in fewer buy-to-let remortgage transactions according to Paragon’s PRS Trends Report for Q1 2019.