Large scale landlords are making targeted investments to grow their property portfolio, with increased interest in more complex property types, according to Paragon’s PRS Trends Report for Q2 2019.

Paragon has reported a 16% increase in first half mortgage lending with buy-to-let business dominating new lending and a focus on professional landlords with larger portfolios.

Paragon is expanding its buy-to-let mortgage range with short term finance for landlords.

Mortgage intermediaries enjoyed a bumper quarter at the beginning of 2019, as customer remortgaging helped lift the number of mortgages introduced in the quarter close to a ten-year high.

Paragon has refreshed its buy-to-let mortgage products for spring 2019, including a selection of two and five year fixed rate buy-to-let mortgages for landlords.

Landlord action to mitigate tax costs will result in fewer buy-to-let remortgage transactions according to Paragon’s PRS Trends Report for Q1 2019.

The January 2019 self-assessment deadline was the first time landlords reported under new mortgage interest rate tax rules and 58% of landlords reported an increase in their tax bill.

Mortgage advisers confirm ‘Brexit effect’ on UK housing market with forecast growth at lowest level since 2008.

Paragon reports strong growth in Q1 2019 mortgage lending. New mortgage lending grows by 22% to £449 million, with buy-to-let advances up 24% to £425 million. 

Paragon has launched a new range of buy-to-let mortgages for portfolio and non-portfolio landlords for 2019.