Paragon Bank has expanded its BTL range with the addition of two and five-year fixed-rate mortgage products.
The new products include two five-year options at 70% LTV, as well as a two-year deal offered at 75% LTV.
Rates begin at 5.89%, with all products available for portfolio landlords looking to remortgage or purchase HMO, MUB, and SSC properties.
Moray Hulme, director of mortgage sales at Paragon (pictured above), said: “We are pleased to introduce these fixed-rate products to our range, which complements the discounted variable products we launched last week.
“We think these are attractive products for landlords looking for certainty over the next two or five years.
“We have also removed the early redemption fee from our two-year discounted variable product, which gives landlords the ability to switch onto a fixed-rate if they need to."
