Paragon swallows up Mortgage Trust and Paragon Mortgages brands

Customers can access the product range through a new website.

Paragon swallows up Mortgage Trust and Paragon Mortgages brands

Paragon Mortgages and Mortgage Trust have come under the Paragon brand.

Customers can access the Paragon product range using a new website.

Paragon Mortgages products were tailored to landlords with large and complex property portfolios, including HMOs and multi-unit blocks, while Mortgage Trust products were for non-portfolio landlords.

John Heron, managing director – mortgages at Paragon, said: “Our new branding presents a unified picture of our buy-to-let expertise for portfolio and non-portfolio landlords and backs up the new PRA standards being applied across the market.

“The wider brand alignment across buy-to-let and residential mortgages as well as the broader Paragon product range combines all our specialist finance expertise under one banner, giving all our customers and intermediary partners a clearer picture of who we are and all that we offer.”

Paragon’s residential mortgage products will also adopt the brand.

Paragon gained its UK banking licence in 2014 and has over £12bn of assets under management.

It also has second charge and specialist residential mortgage products.