Paragon has launched 50 new products, which are in the main aimed at professional landlords looking to expand their portfolios.
Of the new products 44 fall under the main Paragon Mortgages brand and have been designed to cater for the professional landlord.
Paragon says existing criteria has been changed so that it is more flexible for intermediaries to source the best possible products to suit their clients’ needs.
The six new products launched under the Mortgage Trust brand have been created with the smaller-scale landlord in mind. Intermediaries will find a more stream-lined process when fielding applications, including a criteria change allowing a more flexible approach to minimum income levels.
John Heron , managing director of Paragon Mortgages, said: “The new mix of products has been created to enable intermediaries to offer their landlord clients a flexible and open approach when looking for a buy-to-let mortgage.