The new product offers a five-year fixed rate of 6.49% with no product fee and a minimum loan size of £100,000.

The deal was agreed at a 70% loan-to-value ratio over a five-year term.

Two-year fixed rates now start at 2.35%; five-year rates from 4.40%.

The CF24 postcode has topped Paragon's 2025 BTL list with 8.9% yields and 42% privately rented housing.

Five-year fixed rate products see rate reductions of up to 0.44%

The average interest rate on new BTL mortgages fell to 4.99%, a drop of 41 basis points.

87% of Africans in the UK say they’ve been denied a mortgage, according to Afin Bank research.

Brokers now receive 1% procuration fee on all new buy-to-let completions, up from 0.75%.

23% of landlords expanded their portfolios in the past year, up from 19%

A five-year fix at 60% LTV will now start at 4.12% following the update