Paragon Bank has launched three 75% loan-to-value limited edition landlord fixed-rate loans, with charges beginning at 3.29%.
The specialist lender says two-year fixed-rate mortgages embody a 3.29% possibility for single self-contained properties with an power efficiency certificates ranking of A to C, rising to three.34% for rankings above this.
These limited-edition merchandise include a free mortgage valuation and £500 cashback.
The single self-contained choices haven’t any software charge, rising to £299 for the homes in a number of occupation and multi-unit blocks fixed-rate mortgage, and all merchandise include a 5% charge.
Paragon Bank mortgages product supervisor James Harrison says: “Our analysis reveals that almost all of landlords in search of two-year fastened choices are searching for LTVs above 70%, so we’re assured the mixture of engaging price and 75% LTV can be interesting for landlords searching for to develop portfolios or remortgage present properties.”
“There stays sturdy demand for energy-efficient properties within the rental sector and landlords are responding to that pattern.”
