Paragon Bank has introduced limited edition buy-to-let mortgages at 75% LTV, including two- and five-year fixed rates for portfolio landlords.

The four new products start from 2.75%, are available for both purchase and remortgage and come with free valuations and £750 cashback.

They are available across Single Self-Contained (SSC) units and Houses in Multiple Occupation (HMO).

The new range includes a two-year fix for SSC units with an initial rate of 2.75% and a 1% product fee; the same product for HMOs and Multi-Unit Buildings (MUBs) has an initial rate of 2.85% and a 1% product fee.

The five-year fixes have a product fee of 2% with an initial rate of 3.10% for SSC units and 3.34% for HMOs/MUBs.

Paragon Bank director of mortgage sales Moray Hulme says: “With the stamp duty holiday tapering down at the end of the month, landlords will be looking for competitive rates as they seek to add new property to their portfolio.

“We are confident these limited-edition rates will be popular with our portfolio landlord customers seeking to purchase new properties or remortgaging existing deals. The free valuation and £750 cashback should also be appealing to landlords.”

All four rates are available for personal or limited company borrowing. Paragon classes a portfolio landlord as one with four or more mortgaged buy-to-let properties.