More than half of mortgage intermediary firms are expanding, reflecting growing optimism amongst brokers, Paragon Bank research has revealed.

Paragon Bank has announced the launch of four new limited edition five-year fixed-rate buy-to-let mortgages.  

The average age of landlords acquiring new rental property with a buy-to-let mortgage has fallen over the past decade, driven by strong growth in the proportion of landlords in their 30s.

Paragon Bank has strengthened its buy-to-let mortgage sales team by appointing James Harding as Business Development Manager (BDM) to provide support to brokers in Scotland. 

Paragon Bank has reduced rates on its core range of buy-to-let mortgages, taking 15bps off 10 products, in addition to launching six new five-year fixed rate mortgages with nil fee and 5% fee options.

Paragon Bank has launched a new refurb-to-let proposition, offering landlords finance to upgrade their properties.

Paragon Bank has simplified its buy-to-let mortgages proposition, removing the differentiation between portfolio and non-portfolio landlords to make it simpler for brokers to find products for clients

Over eight in 10 landlords are reporting strong levels of tenant demand, Paragon Bank research has revealed. 

The average gross rental yield reported by landlords has reached the highest level since the second quarter of 2018, research carried out on behalf of Paragon Bank has revealed.

The proportion of buy-to-let properties purchased in Southern England fell to a record low last year, Paragon Bank analysis has revealed