Paragon
Paragon

Paragon

Buy-to-let. It’s in our DNA.

For over 30 years, Paragon Bank has been at the forefront of the buy-to-let market, supporting landlords and brokers through every shift and cycle. We don’t just participate in the market – we shape it. Our expertise, innovation, and commitment to making the complex simple mean we’re always ready to help you and your landlord clients succeed.

Proc Fees

Product Gross     Min Net        Min
Buy-to-Let 0.55% 0.50%
Further Advances 0.55% 0.50%
Product Transfers 0.43% 0.4%
Refurb to let 0.8% 0.75%
Product Type When does the lender pay PMS? Frequency
All Within 28 days of completion Daily
Second charge Day after completion Daily

Lenders send payments by BACS which can take anything up to 5 working days to clear at PMS. PMS then make payment to brokers once the funds have cleared in our account.  


Key Features

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    Individuals and limited company SPVs

     
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    No background portfolio limits

     
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    Complex property types

     
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    Multi-property proposition

     

Overview

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Register to place business with Paragon:

*Please select that you are a PMS Mortgage Club member when registering, placing business or checking existing payment route to ensure you receive the procuration fee quoted by PMS.

Buy to Let

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Why choose Paragon?

  • Leaders in buy-to-let: From first-time landlords to full-time investors, we offer solutions for every scenario – single self-contained units, large HMOs, multi-unit blocks, new builds, and refurb-to-lets.
  • Experts in limited company lending: We specialise in supporting landlords who want to operate through limited company structures, from new incorporations to those more complex arrangements.
  • Flexible approach: We’re experienced in working with a wide range of cases, from straightforward applications to more complex portfolios.
  • Innovation at heart: We continually evolve our products, processes, and technology to deliver faster decisions, smoother applications, and a better experience for you and your clients.

Our products and services

  • Comprehensive product range: Mortgages for a wide variety of property types, including HMOs (up to 20 rooms) and multi-unit blocks (up to 35 units).
  • Refurb-to-let: Tailor-made for properties needing modernisation (without structural changes), with a 6-month refurbishment period.
  • Further advances: Funding for energy improvements, property expansion, or portfolio growth.
  • Flexible lending criteria: Up to £4 million per property and £10 million aggregate per borrower. We lend to individuals, Limited Company SPVs, partnerships, and LLPs.
  • Support for complex cases: Pre-application property assessments, low minimum property value (£75,000), and specialist support for unique or challenging cases.

Real-world solutions, backed by decades of expertise

Whether your client is buying, remortgaging, or renovating, Paragon offers flexible options that grow with them. Our UK-wide business development team is on hand to provide dedicated support and insight – because having the right conversation with the right person can make all the difference.

We’ve launched our multi-property proposition, making it easier than ever to support landlords. You can now apply for up to 99 properties in a single application — saving your clients time, money, and hassle.

In 2025 we launched a brand-new online platform, allowing for faster, easier application. Following that we revamped our broker dashboard, where you can:

  • Search and filter to quickly find applications by type or status
  • Action tags to help you instantly spot cases needing attention

Messaging built-in so you can send and receive updates without leaving the portal

Get in touch

If you’re looking for real-world solutions, backed by decades of expert service and flexible options that evolve with your clients’ needs, we’d love to help. Our expert team are on hand to support you and your landlord clients, find your local Business Development Manager today. At Paragon, buy-to-let isn’t just what we do, it’s who we are. Find out more.


Vida Homeloans Videos

Paragon Videos

Buy-to-Let Application Process

Buy-to-Let Limited Company Lending

HMOs and Multi-Unit Blocks

The Renters' Rights Act - Landlords perspective

Buy-to-let: Limited Company Lending

Tools & Calculators

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