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

Paragon has added cashback and new fee options to its buy-to-let mortgage range.

The lender is now offering up to 1% cashback on selected two-year fixed products, and has introduced a new £1,999 flat product fee.

The cashback is available on Paragon's two-year fixed rate mortgages at 60% and 75% loan-to-value (LTV), with rates starting from 3.49%. The £1,999 flat product fee is available on all two-year fixed rate mortgages at 60% and 75% LTV.

Paragon has also added a new five-year fixed rate mortgage at 75% LTV, with a rate of 3.99%. This product has a £999 product fee.

John Heron, director of mortgages at Paragon, said: "We are committed to providing our customers with a range of flexible and competitive products to meet their individual needs. The addition of cashback and new fee options to our buy-to-let range will help us to continue to attract and retain customers."

Paragon's buy-to-let mortgages are available to experienced and first-time landlords, with a minimum loan size of £100,000.

Key features of Paragon's buy-to-let mortgage range:

• Up to 1% cashback on selected two-year fixed products
• New £1,999 flat product fee
• Five-year fixed rate mortgage at 75% LTV with a rate of 3.99%
• Buy-to-let mortgages available to experienced and first-time landlords
• Minimum loan size of £100,000

For more information, visit the Paragon website.