Paragon Mortgages still limiting their mortgage range to tracker rates

Aaron Strutt Image
Paragon Mortgages is still only offering tracker rate mortgages after initially withdrawing their fixed rates in June. The specialist buy-to-let mortgage lender pulled all of their fixes after a sustained period of volatility in the swap rate markets. Paragon's lowest two-year tracker rate is 4.20% and it tracks LIBOR plus 3.6%. The arrangement fee is 3% of the loan amount and the early repayment charges are 5% of the loan amount for two-years. Trinity Financial has access to Paragon's deals but there are a host of lenders offering best buy investment mortgages. If you would like help to secure a buy-to-let mortgage call us on 020 7016 0790.  September 13, 2013
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