Paragon Bank has expanded its range of 80% LTV products to include product switches and further advances.
Rates start at 6.24% for five-year fixed-rate mortgages on single self-contained properties, HMOs and MUFBs.
The product includes free valuations and no application fee.
This range includes two product switch options and two further-advance products, including two and five-year rates.
“Adding 80% LTV products to our range gives landlords more choice and flexibility, and we have seen a positive response to the launch of our purchase and remortgage range in April,” said Russell Anderson, commercial director of mortgages at Paragon Bank (pictured above).
“We want to ensure that our existing customers also benefit from the flexibility that 80% LTV products offer, so we are pleased to expand our range to both product switches and further advances.”