Buy-to-let mortgages
for intermediaries.

Product switch

With our online portal, switching your landlord client to a new Paragon product is easy. Simply log in to get started! 

Key features and benefits of a product switch

  • Secure a new product for your client up to six months ahead of their current mortgage maturing
  • A smooth transition to your client's next mortgage
  • 0.40% procuration fee for every product switch you do
  • Access to our Track to Fix feature

Why switch with Paragon?

You can secure a new product for your client up to six months ahead of their current mortgage maturing. So if your client’s mortgage is coming to an end, you can help them to benefit from current rates and offers, ensuring a smooth transition to their next mortgage.

What is Track to Fix?

Track to Fix is a feature available on all our discounted variable buy-to-let mortgages. It allows landlords to benefit from the current rates and offers on discounted mortgages with the flexibility to switch to a fixed rate later, all without early repayment charges.  

Product switch with capital repayment

With our flexible approach, we can offer this service free of early repayment charges when carried out simultaneously with a product switch. However, if plans change and the product switch is cancelled, an early repayment fee on the value of the capital repayment will apply.

WANT TO SPEAK TO SOMEONE?

Meet the Customer Retention Team

If you'd like to speak to someone about a product switch, call or email our customer retention team and they'll be happy to help.

Sharon Benson
Sharon Benson

Mortgage Retentions Manager

Daniel Summers
Daniel Summers

Mortgage Retentions Team Leader

Jessica Buckley
Jessica Buckley

New Business Switch Officer

Photo of Richard Rowntree
Steve Burrows

New Business Switch Officer

Sandy Kaur
Sandy Kaur

New Business Switch Officer

Lindsay Kennedy
Lindsay Kennedy

New Business Switch Officer

Jim Nelson
Jim Nelson

New Business Switch Officer

Lorraine Patterson
Lorraine Patterson

New Business Switch Officer

Gareth Phelps
Gareth Phelps

New Business Switch Officer

Josh Singh
Josh Singh

New Business Switch Officer

Sam Wilson
Sam Wilson

New Business Switch Officer


Find your Business Development Manager

You’ll need to speak with one of our Senior Underwriters if the total amount of lending you’re asking for, including the forward funding facility, is more than £2,000,000.
Once we’ve agreed the facility, we’ll send you and your landlord client a letter detailing how much we’re willing to lend and how long this is valid for. We’ll also send you the subsequent property application form to use for all future applications under this facility.

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