Paragon Mortgages have re-entered the buy-to-let mortgage market with a range or fixed and tracker rates. Fixed rates start at 5.50% for investors with a 25% deposit and the arrangement fee is 2.25%.
The lowest two-year fixed rate that Trinity can access for our investment clients is a two-year fixed rate at 4.89%. It requires a 40% deposit and the arrangement fee is £1499 – there is also a £250 booking fee. The lender provides a free property valuation and the APR is 5.1%.
We have access to a number of buy-to-let mortgages – although you will need a deposit of at least 20%.
Trinty Financial were on Wake Up To Money on Radio 5 Live this morning to discuss Paragon’s return to lending. You can hear the interview by clicking on this link and forwarding to 27 minutes:
September 29, 2010
Click on the link to hear Trinity Financial discuss the return of Paragon to the buy-to-let mortgage market. Starts on 27 minutes.
September 29, 2010
Trinity has excellent relationships with many of the best private banks and high-net worth mortgage lenders.
Aaron Strutt, a broker at Trinity Financial, says: “We have contacts that specifically work with us to lend to famous borrowers and we understand that a variety of different income sources and contracts can often be complex.
“We also know how important it is to place our clients with the correct bank and our aim is to make securing a mortgage as simple as possible.”
To find out how we can help, call Trinity Financial on 020 7016 0790.
January 22, 2013
Our mortgage search facility will allow you keep up to date with the very latest residential and buy-to-let rates. When you find a mortgage that you like, contact us using the enquire facility and we will tell you if you qualify for the rate. We will deal with your whole mortgage application and take the stress out of applying for a mortgage.
We have also upgraded our mortgage news section and there is a new mortgage blog facility. This will keep you up to date with the latest mortgage news and the lenders constant criteria changes.
September 22, 2010
Trinity Financial have secured access to some great fixed and tracker rates for borrowers with a range of deposits. The lowest mortgage is a two year tracker rate at 2.59%.
Here are the mortgages in more detail:
- Two year tracker rate at 2.59% – 25% deposit required – £995 arrangement fee and 5.4% APR – no extended ERC.
- Two year fixed rate at 3.39% - 25% deposit required – £995 arrangement fee and 5.5% APR – no extended ERC.
- Two year fixed rate at 4.99% – 15% deposit required – £995 arrangement fee and 5.8% APR – no extended ERC.
- Five year fixed rate at 4.19% – 25% deposit required – £995 arrangement fee and 5.8% APR – no extended ERC.
To find out if you qualify for any of these fantastically low mortgages please call us on 020 7520 9427 or request a call back via the contact us link.
September 22, 2010
Birmingham Midshires have launched two new buy to let mortgages aimed at investors with a 40% deposit. They now offer a two year fixed rate at 4.65% and it has an arrangement fee of 1.5%, also a three year fixed rate at 5.65% and it has an arrangement fee of 2%. Both mortgages have a maximum loan size of £1million and have a refund of the property valuation fee and £300 cash back. This is paid directly to you solicitor on completion. Birmingham Midshires also offer a two year fixed rate at 4.50% and it comes with cash back of £790 – this is paid on completion.
Godiva Mortgages (part of the Coventry Building Society) are offering some very cheap buy to let fixed rates. Their five year fix is priced at 4.99% and it has a very low arrangement fee of £250. Investors will need a rather large deposit at 50% to access the mortgage, but the lender provides a free property valuation and it is available for remortgages. For those that do not want to tie themselves in for five years, Godiva offer a three year fixed rate at 4.99% and you will need a 35% deposit. This rate also comes with a free property valuation and a £250 arrangement fee.
Trinity Financial does have access to buy to let mortgages that require a deposit of 20%. Fixed rates start at 4.99% and arrangement fees can be up to 3% of the loan amount. For those with a 25% deposit, we also have access to a two year fix at 4.80% with a 2.5% arrangement fee or, a three year fix at 5.78%. This has a slightly lower arrangement fee at 2.25%.
January 14, 2011