Paragon introduces desktop valuations - Mortgage Strategy

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Intermediary buy-to-let lender Paragon has introduced desktop valuations for properties that are either single self-contained units or that have up to four tenants.

The measures have been introduced due to the current restrictions in place because of the coronavirus.

The application for a desktop valuation will need to be supported by a completed property information form, to ensure accuracy and prevent delays.

Paragon says it is essential that brokers fill in the form during the application process and with as much supporting evidence as possible, such as photographs, previous valuations and sales details.

In April, Paragon launched a number of new buy-to-let products for both portfolio and smaller scale landlords, all of which are available up to 75 per cent loan-to-value.


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