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Paragon Bank has signed up to the Mortgage Industry Mental Health Charter, a not-for-profit organisation helping finance businesses support their staff.

A new report published by the NRLA and Paragon, produced by PwC, reveals that small and medium landlords in the private rented sector (PRS) support over 390,000 jobs. 

Almost four in 10 (38%) mortgage intermediary companies are expanding their operations, amidst a backdrop of labour market challenges, according to Paragon Bank research. 

Paragon Bank has added six limited edition five-year fixed rate products to its range of buy-to-let mortgages for portfolio landlords, all available at up to 65% loan-to-value. 

Nearly four in 10 (37%) portfolio landlords, those with four or more properties, plan to increase the size of their portfolios in 2024, Paragon Bank research has found.

Paragon Bank is offering landlords some attractive deals on its two-year fixed-rate buy-to-let mortgages, including its lowest rate for 18 months and reductions of up to 35bps

Six in 10 landlords recorded increased tenant demand for their properties in the final quarter of 2023, Paragon Bank research has revealed.

Paragon Bank has added five-year fixed-rate products to its range of buy-to-let mortgages.

Just under half of mortgage brokers expect to place more limited company buy-to-let business throughout the next 12 months, Paragon Bank research shows.

Paragon Bank has reduced rates on five-year fixed-rate buy-to-let mortgages by up to 70bps, in addition to lowering its reference rate and making changes to lending criteria, more broadly.