Paragon has recorded a spike in buy-to-let mortgage intermediaries visiting its online Intermediary Portal.

Paragon Bank is continuing its support of residential development projects across London, providing an £11.8m funding package to EquaGroup.

Paragon has launched Phase II of its Intermediary Portal, adding new features to enable brokers to manage customers’ applications more effectively.

Landlords across the Midlands are most likely to add to their property portfolios over the next 12 months, according to research undertaken for Paragon.

Mortgage brokers are predicting an uptick in buy-to-let mortgage business over the next 12 months on the back of landlords expanding their portfolios and strong remortgage levels.  

Paragon has kicked-off 2020 with a refreshed range of mortgage products for portfolio and non-portfolio landlords.

The increase in portfolio and complex buy-to-let business seen over the past two years is set to continue in 2020, according to Paragon’s Director of Sales, Moray Hulme.

A new range of discounted variable rate buy-to-let mortgages for landlords from Paragon. Product range includes options for portfolio and non-portfolio landlords with SSCs, MUBs and HMOs.

Buy-to-let mortgage uptake has remained relatively stable despite a slowdown in the overall mortgage market in Q3 2019 according to Paragon’s latest Finance Adviser Confidence Tracking Index.

Landlords operating in the East Midlands and Yorkshire and Humber currently report the highest rental yields according to a Q3 2019 landlord survey for Paragon from BVA BDRC.