Paragon Bank has refreshed its buy-to-let mortgage range with two-year fixed rates starting at 3.55 percent, extending the update across core and tailored products up to 80 percent loan to value for both purchase and remortgage cases.
The new range includes separate pricing for higher-rated EPC stock, standard single self-contained properties, and more specialist HMO and multi-unit block borrowing. That matters because landlords are still dealing with uneven swap-rate moves, while many brokers are looking for sharper pricing without losing access to limited company and specialist cases.
For landlords, the immediate point is not just the headline rate. Paragon is also using this refresh to show where it wants to compete: greener stock, mainstream buy-to-let, and more complex cases that fall outside standard criteria. In a market where small repricings are arriving in quick succession, lenders that can cover both plain-vanilla and specialist borrowing are trying to win broker attention before the autumn remortgage push builds further.
Where the lowest rates now sit
Within Paragon’s single self-contained range at 75 percent loan to value, two-year fixed rates now start at 3.55 percent on green mortgage products for properties rated EPC A to C. Equivalent products for homes below EPC C start at 3.60 percent. Five-year fixes begin at 4.95 percent for greener properties and 5.00 percent for lower-rated stock.
The lender said the refreshed range covers 60 percent, 70 percent, 75 percent and 80 percent loan to value bands, with nil-fee, fixed-fee and percentage-fee options, plus selected cashback of up to £1,000. Products are available to individual and limited company landlords in England, Scotland and Wales.
James Harrison, Product Manager at Paragon Bank, said the lender had created pricing and proposition efficiencies that let it respond faster to market moves. He said the latest refresh was designed to give brokers options for landlords with straightforward borrowing needs as well as those with more complex circumstances that may need a tailored underwriting approach.
HMO and tailored borrowing remain in focus
For HMO and multi-unit block borrowing, Paragon said two-year fixed rates start at 3.70 percent at 75 percent loan to value, with five-year fixes from 5.10 percent. A selection of products is also being made available through the lender’s tailored proposition, which is aimed at cases outside standard lending criteria.
This follows Landlord Knowledge’s recent report on Paragon’s earlier rate cuts, which showed the lender already moving to sharpen selected pricing this month. The latest refresh goes further by resetting a broader chunk of the range and keeping specialist property types firmly in the frame.
It also fits a wider pattern across the market. Recent Landlord Knowledge coverage of Paragon’s HMO EPC research suggested lenders still see energy performance as a live pricing and risk issue, not just a compliance talking point. In practice, that means landlords with stronger-rated stock may continue to get the first benefit when lenders look for room to trim rates.
Landlords comparing options should still look past the lead rate and check fees, cashback, stress testing and property type rules. A green headline rate may look strongest at first glance, but the real value will depend on the property’s EPC, the borrower’s structure, and whether a remortgage case is straightforward enough to fit core lending or needs tailored underwriting. Full product details remain on Paragon’s intermediary buy-to-let page.
What this means for landlords
- If you’re remortgaging soon: check whether a recent EPC upgrade could open access to the cheaper green range.
- Watch for: how fees and cashback affect the real cost, especially on shorter fixes.
- Bottom line: lenders are still competing for landlord business, but the best-value deal will depend on property type and case complexity, not just the headline rate.
Editor’s view
Paragon is not just trimming a few rates here. It is trying to show brokers it can stay competitive across plain buy-to-let and more specialist cases at the same time. For landlords, that is useful, but only if the headline price survives contact with fees, EPC rules and underwriting.
Author: Editorial Team – UK landlord & buy-to-let news, policy, and finance
Published: 12 August 2026
Sources: Paragon Bank, Paragon intermediary buy-to-let range
Related reading: Paragon cuts selected buy-to-let rates by 15bps
