Are you looking to invest in the buy-to-let market? If so, you may be interested in Paragon’s two-year and five-year mortgage products. These products are designed to provide investors with a competitive interest rate, while also offering limited availability.
Paragon’s two-year and five-year mortgage products are available to both first-time buyers and existing landlords. The two-year product offers a fixed rate of 3.99% for the first two years, with a maximum loan-to-value (LTV) of 75%. The five-year product offers a fixed rate of 4.49% for the first five years, with a maximum LTV of 75%. Both products also offer a free valuation and £500 cashback.
The limited availability of these products means that they are only available to a select few customers. Paragon’s criteria for eligibility includes having a minimum deposit of 25%, having a minimum income of £25,000 per annum, and having a good credit history. Additionally, the property must be located in England or Wales and must be for residential use only.
Paragon’s two-year and five-year mortgage products are ideal for those looking to invest in the buy-to-let market. The competitive interest rates and limited availability make them an attractive option for those who meet the eligibility criteria. Furthermore, the free valuation and £500 cashback make these products even more appealing.
If you’re looking to invest in the buy-to-let market, then Paragon’s two-year and five-year mortgage products may be the perfect option for you. With competitive interest rates and limited availability, these products are sure to help you get the most out of your investment.