Buy to Let Club has offered its members access to Paragon’s lending products through a partnership deal.
As part of the partnership, Buy to Let Club members will have access to a semi-exclusive product from Paragon; a five-year 80 per cent LTV portfolio deal, with an initial rate of 3.80 per cent.
This product is available for purchase and remortgage on both single self-contained properties and HMOs/ MUBs. The offer also includes free valuations and £400 cashback.
Buy to Let Club founder and chief executive Ying Tan comments: “We are delighted that Paragon has chosen to launch with Buy to Let Club as it expands into the mortgage club sector.
“Our experience within specialist lending coupled with the direct access we will have to Paragon’s underwriting team makes this 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.”
Paragon head of mortgages Moray Hulme adds: “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.”