Paragon adds cashback and new fee options to buy-to-let range

Buy-to-let specialist Paragon has announced improvements to its product range, including cashback and new fee options.

The lender has added a two-year fixed rate product at 5.79% with a £749 arrangement fee and free standard valuation. A £1,499 fee option is available with a rate of 5.69%.

Paragon has also launched a three-year fixed rate product at 5.89% with a £749 fee and free standard valuation. The £1,499 fee option has a rate of 5.79%.

The lender has also increased the cashback on its five-year fixed rate products from £250 to £500.

Paragon’s head of mortgages John Heron said: “In line with our commitment to supporting portfolio landlords, we have made our buy-to-let products even more competitive.”

“The addition of cashback and new fee options provides landlords with greater flexibility and choice, making it easier for them to find the right mortgage for their needs.”