Press releases

Paragon Bank Director of Mortgage Sales Moray Hulme has today retired from the company after more than 36 years of service. 

Paragon Bank has reduced rates by up to 40bps on thirteen fixed-rate buy-to-let mortgages, in addition to launching a new flat fee product.

Landlord confidence rebounded strongly in the third quarter of the year, with optimism now higher than at the same period last year, research undertaken on behalf of Paragon Bank has revealed.

Paragon Bank has reduced rates on six five-year fixed-rate buy-to-let mortgages, with lower rates on 5% fee products, as well as nil fee options.

Over seven in 10 landlords reported rising levels of tenant demand during the third quarter of the year – a new record high, research conducted on behalf of Paragon Bank has found.

A third of landlords who own rental property in their personal name are planning to incorporate their portfolio into a limited company structure, according to Paragon Bank research.

Analysis by Paragon Bank has revealed increasing returns on buy-to-let investments serving students, with the strongest yields seen in the UK’s smaller university towns and cities.

Paragon Bank has launched a 4.69% five-year fixed-rate buy-to-let mortgage, its lowest rate for over 12 months, as part of a wider reduction in five-year fixed-rate pricing.

Three-quarters of landlords who intend to purchase a new rental property in the next year will utilise a Limited Company structure - a record level - research has revealed. 

Paragon Bank has reduced rates across 22 buy-to-let mortgage products, with fixed deals now starting at 4.59%.