Paragon’s core product range caters for professional landlords and offers lending options that are not widely available elsewhere such as limited companies, multi-unit blocks, and houses in multiple occupancy, in addition to a wide range of tenancies, including benefit claimants and students. The company also offers mainstream buy-to-let products for smaller-scale landlords who are growing their portfolios.
Commenting, David Copland, chief executive at Pink Group said: “Being able to appoint Paragon to our panel is great news in the current market where buy-to-let mortgage funding has been restricted by both portfolio size and the lack of products to cater for the professional landlord. Their products will not only add another option when meeting client needs, but will allow our customers to work with the lender to get the case placed.”
Julian Rance, Paragon Mortgages sales director, added: “Pink Home Loans is a well-established and highly regarded operator in its field and offers a natural fit to Paragon Mortgages’ business. We look forward to developing our relationship with Pink over the coming years as we continue to build our buy-to-let offering.”