Tag: Paragon Bank
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Southern Stamp Duty Increase Squeezes Buy-to-Let Investors
Since the introduction of the Stamp Duty surcharge for additional properties in 2016, the landscape of the buy-to-let market in Southern England has drastically shifted. According to a detailed analysis by Paragon Bank, which drew on extensive industry data, there has been a marked decrease in the proportion of buy-to-let properties purchased in this region.…
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Buy-to-Let Yields Improve as Prices Rise
Buy-to-let landlords are witnessing a significant increase in their investment returns, despite the challenges of rising costs. An in-depth analysis by Octane Capital has uncovered that rental yields have climbed over the past two years, creating a lucrative scenario for property investors despite a backdrop of economic turbulence. Rising Rents, Rising Yields According to the…
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Top Buy-to-Let Hotspots for Portfolio Landlords
Certain areas have emerged as gold mines for savvy investors, particularly those holding a portfolio of properties. Recent research has spotlighted the prime locations for buy-to-let (BTL) landlords, with Manchester’s M14 postcode leading the charge as the nation’s most coveted spot for real estate investment. Manchester’s M14 A Magnet for Investors Nestled in the heart…
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Mortgage Cuts for Landlords – Paragon’s New Deals
Paragon Bank has rolled out a range of mortgage offers specifically designed for those looking to invest in the buy-to-let sector. With reductions reaching up to 35 basis points and the introduction of their lowest rates in over a year and a half, Paragon is making waves in the mortgage market. Paragon Bank’s latest campaign…
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Buy To Let Mortgages Roundup – 6th February
The NRLA published a roundup of latest news and products from the BTL mortgage market. Here’s our summary – A Wave of Cuts The Mortgage Works Leads the Charge The Mortgage Works has made headlines not once, but twice in a single week, announcing rate cuts up to 0.15 percent for new customers. With rates…
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Rental Rush – Tenant Demand Soars Again
According to the latest findings from Paragon Bank, the end of 2023 saw a significant spike in tenant interest. Six out of ten landlords have reported an increase in tenant interest in the last quarter alone, signaling a competitive market as we step into the new year. Digging deeper, over a third of property owners…
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New Mortgage Deals for Energy-Efficient Properties
Paragon Bank has unveiled a range of new mortgage options specifically designed for buy-to-let landlords with energy-efficient properties. Paragon Bank’s latest venture introduces five-year fixed-rate mortgage products, catering exclusively to buy-to-let landlords. What makes these mortgages stand out is their focus on properties with high energy efficiency ratings. These “green” properties, identified by their A-C…
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Landlords – Time to Fix or Track? Best Buy-to-Let Mortgage Deals
Buy-to-let landlords in the UK are currently grappling with a challenging environment, marked by rapidly increasing interest rates, soaring costs, and a less accommodating tax regime. These changes have significantly escalated the expenses for many landlords, paralleling the concerns of homeowners and first-time buyers. Since the beginning of the year, a fierce competition among lenders…
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Major Rate Cuts and Easier Loans for Landlords
The UK’s buy to let (BTL) mortgage market is witnessing significant changes, with several lenders slashing their rates and relaxing lending criteria, offering landlords and investors new opportunities in the property market. Here’s a detailed look at what’s happening. Lower Rates and Relaxed Rules Paragon Bank is reducing its five-year fixed-rate buy to let mortgages…
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Paragon’s Zero-Fee Five-Year BTL Mortgages with Cashback
Paragon’s new five-year fixed-rate BTL mortgages are a rarity in the market because they come with no product fees. This is a significant advantage for landlords, as it means they can save on the initial costs often associated with securing a mortgage. The interest rates for these mortgages begin at a competitive 5.80%. However, it’s…