Paragon adds new two-year Bank Base Rate (BBR) tracker options for landlords, with rates starting from BBR plus 1.00%

09 July 2026

Paragon Bank has introduced a series of enhancements to its buy-to-let Bank Base Rate (BBR) tracker range, adding a 2% fee product to give landlords more options.

The revised range is available at up to 75% loan-to-value (LTV) and spans both single self-contained properties (SSCs), houses in multiple occupation (HMOs) and multi-unit blocks (MUBs), giving landlords greater choice when selecting how they structure borrowing.

For SSC properties at 75% LTV, the latest two-year tracker is priced from BBR plus 1.00% (currently 4.75%), with a 2.00% product fee. The product includes a free mortgage valuation, no application fee and no early repayment charges.

Two-year tracker options for HMOs and MUBs at the same LTV tier start from BBR plus 1.35%, also with a 2.00% fee. These products offer the same benefit of no early repayment charges and include a free valuation.

Paragon has also taken 15bps off a selection of its two-year fixed-rate mortgages, offering landlords a balance between certainty and flexibility across different pricing and fee combinations.

Within the SSC range, rates begin at 3.40% for properties with an EPC rating of A to C at a 5.00% fee level, or 3.45% for less energy efficient properties. A mid-fee option of 3.00% is available from 4.40%, while a nil fee alternative is offered from 5.90%.

Selected products include free valuations and no application fees, with £500 cashback available on the higher fee option.

For HMOs and MUBs, pricing starts from 3.55% at a 5.00% fee, moving to 4.55% with a 3.00% fee and 6.05% on a nil fee basis. These products also benefit from free valuations, with application fees set at £299.

All fixed rate products carry early repayment charges of 3% in each of the first two years and revert to Paragon’s standard variable rate, currently 7.35%, less 1.25%.

James Harrison, Product Manager at Paragon Bank, said:

“We’ve had a strong response to our BBR tracker range over the past six months after launching five-year options in December last year, before adding two-year terms at the start of this year.

“Extending the range to total 14 options for new customers, alongside six switch and four further advance products, and introducing more fee options, we are giving brokers greater scope to match products to their clients’ priorities, whether that is focusing on pay rate, upfront cost or overall balance across a portfolio.”

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.