Paragon Bank has cut rates by 0.15% across its buy-to-let (BTL) mortgages for single self-contained (SSC) properties.
Rates now start at 3.14% on 2-year fixed deals for properties with energy performance certificate (EPC) ratings of A to C, up to 80% loan-to-value (LTV).
5-year fixed rates begin at 4.14%.
The lender has also introduced a 1.50% fixed-fee 5-year product across SSC, houses in multiple occupation (HMO) and multi unit freehold blocks (MUFB).
At 75% LTV, rates start from 4.90%.
Rates on Paragon’s limited-edition range for SSC properties, available up to 70% LTV with £500 cashback, have also been reduced.
The 2-year fixed 4% fee product now starts from 3.20% for properties with EPC ratings of A-C.
James Harrison, product manager at Paragon Bank, said: “Reducing rates across our whole range of mortgages for SSC properties provides more options for landlords who are still very much active in the market.
“Additionally, our market analysis has identified the popularity of lower fee products, so we are offering greater choice to assist brokers in matching the right product for each application by adding this additional 1.5% fee option to our five-year fixed range.”
