The bank has launched its lowest five-year fixed buy-to-let rates for three years, offering new limited-edition products for both experienced and newer landlords.

The bank has also reduced rates and removed the application fee on selected mortgages

The development comprises nine three and four-bedroom homes on the site of a former scrapyard.

The scheme comprises a mixture of bungalows and detached houses, ranging from two to four bedrooms.

The new development in Eastrea will feature a mix of two, three and four-bedroom bungalows and houses.

Rates now start from 3.34% - the lender's lowest rate since May 2022

Postcodes serving students and large employment markets topped Paragon Bank's list of locations that attracted the most buy-to-let investment in 2024.

The scheme is located in the popular Orchard Park area, just outside Cambridge city centre and close to nearby universities, including the University of Cambridge and Anglia Ruskin...

Paragon Bank's new bespoke buy-to-let mortgage origination platform has been developed collaboratively with brokers

The deal was led on behalf of Paragon Bank Development Finance by Relationship Director Karl Kent, with support from Senior Portfolio Manager Shannon Altimas.