Paragon Bank cuts buy-to-let rates by 20bps across range, with rates starting from 3.55%
04 June 2026
- Rate reductions across two-year and five-year fixed buy-to-let mortgages
- A range of fee options, including nil, 3%, 4%, 5% and £3,995
- Available for purchase and remortgage up to 75% loan-to-value
Paragon Bank has cut rates by 20bps across its buy-to-let mortgage range, alongside a refreshed set of fee structures giving brokers greater flexibility when placing cases for landlords.
The changes apply across both two-year and five-year fixed rate products and the range now starts from 3.55%, with options available for purchase and remortgage up to 75% loan-to-value (LTV).
Landlords can choose from a broad range of fee structures, including nil, 3%, 4%, 5% and a flat £3,995 fee, enabling them to tailor products to suit their individual priorities.
At up to 75% LTV, two-year fixed rates now start from 3.55% on Paragon’s green mortgage range, which is available on properties with EPC ratings of A-C for single self-contained (SSC) properties. For homes with lower energy efficiency, rates are priced 5bps higher.
Within the five-year fixed range, rates at 75% LTV now start from 4.75% on green products, again for SSC properties, with the same EPC criteria and pricing differentials applying.
Paragon has also reduced rates across fixed products for houses in multiple occupation (HMOs) and multi-unit blocks (MUBs), which are priced 15bps higher than equivalent green EPC SSC products.
All products are available to individual landlords and limited companies across England, Scotland and Wales.
Jason Wilde, Head of Mortgage Sales at Paragon Bank, said:
“Landlords are navigating a market that continues to be shaped by political and economic uncertainty. In this environment, we are seeing many opt for higher fee products in order to secure a lower headline rate.
“That won’t be the right approach for everyone, however. By reducing rates across the whole range and maintaining a breadth of fee options, we’re giving landlords the flexibility to choose products that best suit their own circumstances and portfolio strategy.”
For more information, including Annual Percentage Rates of Charge (APRC), Interest Coverage Ratios (ICR) and Early Redemption Charges (ERC), please visit the Paragon website here.
