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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. 

Paragon Bank has launched new five-year fixed-rate buy-to-let mortgages with nil product fees, rates starting at 5.80% and £750 cashback on selected products.

Paragon Bank Director of Mortgage Sales Moray Hulme has today retired from the company after more than 36 years of service. 

Paragon Bank has reduced rates by up to 40bps on thirteen fixed-rate buy-to-let mortgages, in addition to launching a new flat fee product.

Landlord confidence rebounded strongly in the third quarter of the year, with optimism now higher than at the same period last year, research undertaken on behalf of Paragon Bank has revealed.

Paragon Bank has reduced rates on six five-year fixed-rate buy-to-let mortgages, with lower rates on 5% fee products, as well as nil fee options.

Over seven in 10 landlords reported rising levels of tenant demand during the third quarter of the year – a new record high, research conducted on behalf of Paragon Bank has found.