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Discover our range of specialist buy-to-let and residential mortgages, available through intermediaries.
If you're a landlord, you can only apply for our mortgages through an Independent Financial Adviser. Click below to find an advisor.
Don’t forget, our discounted buy-to-let products benefit from our Track to Fix feature!
Find the right finance to get you moving with our tailored business and personal loans.
Developed in response to your feedback about the need for speed, simplicity and accuracy of lending applications, you can now log in and apply in minutes.
We’ve put the answers to intermediaries frequently asked questions in one place to help you find what you need.
If you have a query about a current or new mortgage application, please contact our Customer Relationship team at [email protected] or call us on 0345 849 4040
Yes, head over to our limited company lending page for more information or download our buy-to-let lending guidelines for our full criteria.
No, unfortunately our products are not available for first-time buyers.
Yes, head over to our HMO and multi-unit block page for more information or download our buy-to-let lending guidelines for our full criteria.
An applicant must be a minimum of 21 years of age, and a maximum of 85 years of age at the end of the mortgage term.
Applicants should have a minimum combined gross annual income of £25,000 per annum.
However, we understand the specialist nature of a landlords’ income structure. So, where a landlord or limited company has four or more properties, and can’t meet the £25,000 minimum income, but can demonstrate they have sufficient income to cover their existing expenditure, we will consider and assess these applications on a case-by-case basis.
For full details of our income criteria, please see our lending guidelines.
Yes, the minimum loan amount (excluding any fees added to the loan) is £30,000 and for further advances, it’s £5,000.
For individuals with three or fewer single self-contained (SSC) mortgaged buy-to-let properties, a lending limit of £1,000,000 (including any fees added to the loans) will apply.
For individuals with four or more mortgaged buy-to-let properties, limited companies and applications for Houses in Multiple Occupation (HMO) or multi-unit blocks, a lending limit of £10,000,000 (including any fees added to the loans) will apply.
Yes, on an individual basis we can refer properties to our Regional Surveying team. Please contact our Customer Relationship team on 0345 849 4040 for more information.
No. When the application has been reviewed by an underwriter, an email will be sent requesting the specific documentation required to support the case.
Unfortunately, once you have agreed to the credit search on the online application, you are unable to amend the information you have provided. If the incorrect information has put the case outside of our lending criteria, please call our Customer Relationship team on 0345 849 4040, who will advise the best way to progress that particular case.
This could be for two reasons. When completing the credit search it has either been referred or declined, or you have entered something which falls outside of our lending criteria. If this message pops up, then call the number and quote your reference number, and someone will be there to help.
Once you have passed the credit check, the system will automatically save your application from the last completed page. To resume, log back in and click through to web applications.
All applications made through the portal must be submitted by 10pm (and 8pm on Sundays) to allow for overnight processing.
From submission of your application, a case must reach offer stage within three months. Therefore, please make sure you send us any additional information as soon as possible.
If you do not receive an offer within this timeframe, you will need to select a new product which will be subject to any changes in affordability and a further review from our Underwriting team.
Once an offer is issued, it will remain valid for three months.
The minimum amount a customer can borrow is £2,500
The maximum amount a customer can borrow is £150,000
The minimum loan term is 12 months.
The maximum loan term is 60 months.
Payments should be made by Direct Debit - the Direct Debit form must be completed as part of the online application.
Instant automated decisions – Accept or Decline - are provided, following completion of the application process. If the case is referred for manual underwriting, we promise to get back to you within two working hours of receiving the application.
You can call our Motor Finance Team on 0345 149 7777 or email us at [email protected] to request a case review by an underwriter.
Please call our Motor Finance Team on 0345 149 7777 and we will be happy to help you.
No, payments must be paid monthly by Direct Debit.
They can call our Motor Finance Servicing Team on 0345 149 7770. We are happy to help.
Completed documents received by 12 noon, will be paid out on the same day. You will receive your payout funds and any commission due electronically.
Once we have made your payment, you will receive an email to confirm the payment details.
No, we only accept full UK driving licences.
Yes, depending on the type of agreement they have, they can change their payment date annually by calling our Motor Finance Servicing Team on 0345 149 7770.
Head officeParagon51 Homer RoadSolihullWest MidlandsB91 3QJ
Paragon Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered in England number 05390593. Registered office 51 Homer Road, Solihull, West Midlands B91 3QJ. Paragon Bank PLC is registered on the Financial Services Register under the firm reference number 604551