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The proportion of landlords reporting increasing tenant demand has hit the highest level since 2016. 

Mortgage intermediaries have indicated they will retain many of the changes to ways of working implemented as a result of the pandemic even as restrictions ease, Paragon Bank research has found.

The proportion of mortgage intermediaries expecting to see an increase in buy-to-let business over the next 12 months grew in the second quarter of the year, Paragon Bank research shows.

The opening of an Amazon Fulfilment Centre has a positive impact on house prices, business creation, jobs, new build home sales and the private rented sector.  

Paragon Bank has expanded its range of green buy-to-let products with the launch of four further advances exclusively available for properties with an EPC rating of A, B or C.  

Paragon Bank has launched a limited-edition range of buy-to-let mortgages, including two and five-year fixed rates for portfolio landlords.  

Paragon Bank has announced that it is re-entering the holiday lets and short-term finance markets after adding products to their buy-to-let mortgage ranges.

Paragon Bank has announced that it is reducing rates across its portfolio range, as well as launching two new extra-large loan products that come with a lower rate and flat product fee.

Landlords spend an estimated £839 million each year upgrading newly purchased rental property before letting it out to tenants, helping to drive-up standards in the sector.

During the first quarter of 2021 average rental yields have increased to 6.0%, the highest recorded in three years.

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