The new range has six products for single self-contained (SSC) properties and three products for houses in multiple occupation (HMOs) and multi-unit blocks (MUBs), with two- and five-year terms.

For SSCs, rates start from 4.35% for Paragon’s green mortgage product, available on properties with an EPC rating of A-C. This increases by 5bps for homes with lower energy efficiency ratings.

For landlords financing HMOs or MUBs, rates start at 4.6%.

The products have either a 3% product fee or a no‑fee option.

They are offered on a limited basis and are available to landlords operating in both personal name and limited company structures.

The SSC products are available with no application fee, while HMO and MUB loans have a £150 application fee. Interest coverage ratios (ICRs) are calculated at initial rate plus two percentage points.

All products qualify for Paragon’s multi‑property proposition, which applies to applications of between four and 99 properties.

This lets landlords submit a single application covering multiple properties, with no application fees and reduced legal requirements, with only one legal advice certificate required across the overall application, rather than one per property.

Paragon Bank product manager James Harrison said: “Economic instability fuelled by the war in Iran continues to influence funding costs but we remain responsive to market conditions. With swaps plateauing and rates slightly easing recently, we’re able to provide more options for landlords with this keenly-priced limited edition range.”