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:
http://www.bbc.co.uk/iplayer/console/b00twwdh/Wake_Up_to_Money_29_09_2010
September 29, 2010


