
Paragon Bank has launched three 75% loan-to-value limited edition landlord fixed-rate loans, with rates starting at 3.29%.
The specialist lender says two-year fixed-rate mortgages include a 3.29% option for single self-contained properties with an energy performance certificate rating of A to C, rising to 3.34% for ratings above this.
It adds that a 3.64% option is available for houses in multiple occupation and multi-unit blocks.
These limited-edition products come with a free mortgage valuation and £500 cashback.
The single self-contained options have no application fee, rising to £299 for the houses in multiple occupation and multi-unit blocks fixed-rate mortgage, and all products come with a 5% fee.
Paragon Bank mortgages product manager James Harrison says: “Our research shows that the majority of landlords looking for two-year fixed options are seeking LTVs above 70%, so we are confident the combination of attractive rate and 75% LTV will be appealing for landlords seeking to grow portfolios or remortgage existing properties.”
“There remains strong demand for energy-efficient homes in the rental sector and landlords are responding to that trend.”