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News releases

Nearly seven out of 10 landlords reported rising tenant demand in the third quarter of the year – a record level – research carried out on behalf of Paragon Bank has revealed. 

The number of buy-to-let acquisitions made by later life landlords nearing retirement age increased by more than half following the re-opening of the housing market – more than any other age bracket. 

Today, Friday 24 September 2021, marks the 25th anniversary of the inception of buy-to-let mortgages, which were officially launched as a finance product in 1996.

Paragon Bank has expanded its buy-to-let portfolio range with the addition of two limited edition products for single self-contained units, houses in multiple occupation (HMOs) and multi-unit blocks. 

Landlords with student property located in smaller university towns or cities typically generate the best yields, analysis by Paragon Bank has revealed. 

Paragon Bank has expanded its range of limited-edition buy-to-let mortgages by re-launching two products for Single Self-Contained units. 

Paragon Bank has re-launched two limited edition products for Houses in Multiple Occupation (HMOs) and multi-unit blocks.

The average number of tenants in rent arrears is at its lowest level for ten years. 

The proportion of landlords reporting increasing tenant demand has hit the highest level since 2016. 

Mortgage intermediaries have indicated they will retain many of the changes to ways of working implemented as a result of the pandemic even as restrictions ease, Paragon Bank research has found.