The lender has also unveiled 2-year fixes at 3.25% to 65% LTV and 3.40% to 75% LTV, both with a 1.50% fee.
Paragon Mortgages has launched three fixed rate mortgages – including a 5-year fix at 3.75% to 75% loan-to-value with a £1,999 fee.
The lender has also unveiled 2-year fixes at 3.25% to 65% LTV and 3.40% to 75% LTV, both with a 1.50% fee.
The products are available for both buy-to-let purchases and remortgages.
John Heron (pictured), managing director of Paragon Mortgages, said: “The first quarter is an extremely busy time in the buy-to-let market as landlords review their portfolios and plan for the year ahead.
“The tax changes being introduced in April make it more important than ever for landlords to think ahead and minimise costs where possible.
“These products offer landlords the opportunity to put in place longer term mortgage finance, whilst taking advantage of the beneficial impact of today’s record low market rates.”
