Editor's note: This brief was summarised by The Property AI Newsroom from a report by Mortgage Solutions. Read the original article for full details.

Paragon Bank Cuts Selected Buy-to-Let Mortgage Rates by 15bps

Paragon Bank has reduced rates by 15 basis points across a selection of five-year fixed rate buy-to-let (BTL) mortgages. The new rates apply to landlords purchasing or remortgaging single self-contained properties (SSCs), houses in multiple occupation (HMOs), and multi-unit blocks (MUBs).

For single self-contained properties, rates in Paragon’s green mortgage range now start from 4.95% for properties with EPC ratings of A-C. Equivalent products for properties with EPC ratings of D or E are available from 5%. For HMOs and MUBs, rates now start from 5.1%.

The changes are relevant for letting agents and inventory clerks working with landlords who are considering new purchases or remortgages, particularly those focused on energy-efficient properties. The rate reductions may also provide additional options for brokers advising clients on borrowing requirements.

Paragon Bank reported that it had increased its gross lending by 4.3% year-on-year to £2.06bn in the nine months to 30 June 2026.