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.

Festive present buying for children, partners and wider family and friends is set to be cut this year as people rein in spending.

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.

Paragon Banking Group has been awarded Gold accredited membership via the 5% Club’s 2023-24 Employer Audit Scheme, highlighting its commitment to apprenticeships and the development of employees.

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.

Paragon Bank’s Development Finance division has extended its range of funding options to provide finance of up to £35 million to support the development of institutional-grade BTR schemes.

A third of landlords who own rental property in their personal name are planning to incorporate their portfolio into a limited company structure, according to Paragon Bank research.

Nearly 2m new fixed and instant access adult savings accounts opened in the 12 months to August 2023 offered a rate of 1.5% or less, suggesting some savers still aren’t shopping around.

Paragon Bank has launched a new issue of its Double Access savings account, paying a market-leading 5.25% AER*.