Editor's note: This brief was summarised by The Property AI Newsroom from a report by Landlord Today. Read the original article for full details.
Paragon Bank Reduces Buy-to-Let Mortgage Rates
Paragon Bank has reduced rates by 15 basis points across its fixed-rate buy-to-let mortgage products in both its Core and Tailored propositions. Pricing now starts from 3.40%.
The rate reductions apply to two-year and five-year fixed-rate mortgages for purchasing or remortgaging single self-contained properties, Houses in Multiple Occupation (HMO), and Multi-Unit Blocks (MUBs).
These changes may be relevant for letting agents and inventory clerks working with landlords considering new buy-to-let investments or remortgaging existing properties.
Source: Landlord Today