Paragon Bank reduces buy-to-let mortgage rates by 15bps across selected five-year fixed products

31 July 2026

Paragon Bank has reduced rates by 15 basis points across a selection of five-year fixed-rate buy-to-let mortgages for landlords purchasing or remortgaging single self-contained properties (SSCs), houses in multiple occupation (HMOs) and multi-unit blocks (MUBs).

The refreshed range includes products at 60%, 70%, 75% and 80% loan-to-value (LTV), some limited edition, and extends to Paragon's Tailored proposition, designed to support buy-to-let applications that fall outside standard lending criteria.

Within the SSC range, rates now start from 4.95% on Paragon's green mortgage range, available on properties with EPC ratings of A-C. Equivalent products for properties with lower energy efficiency ratings of D or E are available from 5.00%. For HMOs and MUBs, rates now start from 5.10%.

Across the refreshed range, landlords can choose from nil-fee, percentage-fee and fixed-fee options, with selected products also benefiting from £1,000 cashback.

Products are available to both individual and limited company landlords in England, Scotland and Wales.

James Harrison, Product Manager at Paragon Bank, said:

"We've seen swap rates cool a little in recent days and have moved quickly to reflect those changes across a selection of products within our buy-to-let range.

"These reductions ensure landlords are able to benefit from the recent movement in market pricing, while giving brokers additional options when discussing borrowing requirements with their clients.

"Applying the reductions across a broad selection of products enables brokers to match borrowing requirements with the most suitable option for their clients, whether that's driven by headline rate, fee structure, leverage or the type of property being financed."

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.