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Buy-to-let mortgages

New mortgage applications are only available through intermediaries

As a registered customer you can manage your accounts through our online portal.

We provide a range of specialist buy-to-let mortgages for both portfolio and non-portfolio landlords. We offer simple, competitive lending criteria to investors, landlords and limited companies or limited liability partnerships.

Switching to a new product

It’s easy to switch your mortgage product online. If you’re an existing customer and already registered with Paragon, simply login to your account and follow the onscreen options.

If your original mortgage was underwritten and completed based on Paragon Mortgages lending criteria, download our portfolio product switch rate guide. If your original mortgage was underwritten based on Mortgage Trust lending criteria, download our non-portfolio product switch rate guide

Further advances

Additional borrowing is considered for a further advance by way of a second charge mortgage, which is a secondary loan secured against the property behind your main (or first charge) buy-to-let mortgage.

How to proceed

Before applying for a further advance, please call us to discuss how much we may be able to lend you.

  • 0345 849 4040

Further advance - useful documents

Annual statements

As a registered Paragon customer you can also view your annual statements online.

Amending your mortgage

To make amendments to your existing mortgage, please contact our Customer Services team on:

  • Paragon Standard5.35%
    Variable Rate (*SVR)
  • Bank Base Rate0.50%
  • Paragon **LIBOR0.40%
  • Next LIBOR reset date01.01.18

Landlord insurance

AXA Insurance have updated their policy wording for Paragon customers who are under the AXA Block Insurance policy 2017. Your policy schedule will identify if you have an AXA block policy.

If you have insurance with another provider, this updated policy wording does not apply. Please contact your insurer directly for details of your cover.

*SVR

From 9 October 2017, Paragon Bank Standard Variable Rate (SVR) and Paragon Group SVR aligned to a single rate, Paragon SVR. There was no change in interest rate as a result of this name change.

**LIBOR

From 9 October 2017, Paragon Bank LIBOR and Paragon Group LIBOR aligned to a single rate, Paragon LIBOR. There was no change in interest rate as a result of this name change.

If you took out a mortgage with Paragon before 1 April 2005, you may be on a different LIBOR rate, which will be shown in your original terms and conditions. You can also check which LIBOR rate you’re on by calling us on 0345 849 4060.

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

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