At the same time the pair launched a 5-year fixed semi-exclusive portfolio product at 3.80% to 80% loan-to-value.
Buy to Let Club is now offering itsmembers access to Paragon’s range of specialist lending products.
At the same time the pair have launched a 5-year fixed semi-exclusive portfolio product at 3.80% to 80% loan-to-value.
Ying Tan (pictured), chief executive of Buy to Let Club, said:“We are delighted that Paragon has chosen to launch with Buy to Let Club as it expands into the mortgage club sector.
"Our knowledge and experience within specialist lending coupled with the direct access we will have to Paragon’s underwriting team make this hugely beneficial for our members.
"I am certain that we will see a great deal of interest in Paragon’s portfolio, expat and holiday let products in particular.”
The 5-year fixed rate product is available for purchase and remortgage on both single self-contained properties and HMOs/MUBs. It has free valuations and £400 cashback. Members can access Paragon’s full product range by using Buy to Let Club as a payment route.
Moray Hulme, head of mortgage sales at Paragon, said: “We’re really looking forward to working with Buy to Let Club and their members.
"Over the last couple of years, there’s been a step up in demand for specialist mortgage products from landlords with large scale, complex property portfolios and
"Paragon’s product range is carefully calibrated to meet their needs.”