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This page is for existing customers only. If you are an intermediary, please visit our buy-to-let page. Visit our intermediary page

Further advances

If you’re looking for additional funding, you can apply for a further advance by way of a second charge mortgage with us. This is a secondary loan which is secured against the property of your main (or first charge) buy-to-let mortgage.

Single properties

Single properties

For a single property application on accounts with up to two applicants, you can apply for a further advance through your online account. Simply log in to get started. Alternatively, talk to your intermediary who can arrange this for you.

Multiple properties

Multiple properties

If you want to make a further advance application for multiple properties, or with more than two applicants, then you will need to fill out a further advance application form and send it to us at [email protected].

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Applying for a further advance and product switch together?

If you are applying for a further advance and product switch at the same time, it’s important that both applications are made together. This allows us to carry out the right affordability assessment for you. Take a look at our product switch page to find out more.

Further advance products

We have a range a products available, and the ones available to you will depend on your property and whether you are classified as a portfolio or non-portfolio landlord under both Paragon criteria and the PRA regulation guidelines.

Use our decision flow to find out which products are available to you.

Do you have more than three mortgaged buy-to-let properties, with any lender in either personal name or corporate entity?

Paragon class you as a

Portfolio BTL

Portfolio landlord

Portfolio further advance product guide

Are you a limited company or a limited liability partnership?

Paragon class you as a

Portfolio BTL

Portfolio landlord

Portfolio further advance product guide

Is the property a house in mutiple occupation (HMO) or multi-unit block (MBU)?

Paragon class you as a

Portfolio BTL

Portfolio landlord

Portfolio further advance product guide

Paragon class you as a

Non-portfolio landlord

Non-portfolio further advance product guide

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