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Buy-to-let SIPP deals unveiled

Paragon Mortgages and Mortgage Trust are offering intermediaries tailor-made self invested personal pension mortgage products for buy-to-let investors.

The lenders are inviting brokers to join a select panel that will introduce the range.

The products come in response to a recent survey by Mortgage Trust that found 65% of mortgage intermediaries expect the introduction of residential property investment SIPPs will boost the buy-to-let market.

Products will allow a pension trust to borrow up to 80% of the value of the property in the scheme. Services will enable Paragon customers to establish and maintain a SIPP vehicle and will provide tailored information and help for buy-to-let SIPP investors.

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