remortgage with
Paragon
Remortgaging with Paragon
Remortgaging with Paragon Bank may allow homeowners to review their current mortgage and explore alternative options. This could include changing your interest rate, adjusting monthly payments, or releasing equity from your property, depending on your circumstances.
Paragon Bank offers a range of mortgage products for different situations, including buy-to-let and residential lending. As a specialist lender, their products are designed to support a variety of borrower profiles.
Working with a mortgage broker can help you understand your options and navigate the remortgaging process based on your individual needs.
4 Steps to remortgaging with Paragon
Four steps to remortgaging with Paragon
1
Assess Your Needs
Consider why you’re remortgaging — for example, to review your current rate, change your repayments, or release equity. This helps guide your next steps.
2
Explore Paragon’s Products
Review Paragon Bank’s range of mortgage products, including fixed and variable rate options. Products may be available for buy-to-let and other specialist lending scenarios. Consider seeking advice where appropriate.
3
Submit Your Application
Complete your application and provide the required documentation, such as proof of income and property details. Your application will be assessed based on Paragon’s lending criteria.
4
Finalise and Transfer
If your application is approved, you’ll receive a mortgage offer. Legal professionals will typically manage the conveyancing process and arrange the transfer from your existing lender.
Types of Mortgages from Paragon
Paragon Bank offers a diverse range of mortgage products tailored to various needs. Their residential mortgages cater to homeowners seeking competitive rates and flexible terms, while their buy-to-let mortgages are ideal for landlords, with options for single properties and portfolio investments. Paragon also specialises in specialist mortgages, accommodating unique circumstances such as complex incomes or non-standard properties. With fixed and variable rate options available, they provide solutions to suit different financial goals and property types.
How much will Paragon lend?
Paragon Bank’s lending amounts vary depending on the mortgage product, your financial circumstances, and the property. For buy-to-let mortgages, lending is often structured around rental income and portfolio size, while residential borrowing is typically based on income, affordability, and loan-to-value limits.
The amount you can borrow will depend on factors such as your income, property type, deposit, and overall eligibility. Speaking to a mortgage adviser can help you understand your options in more detail.
Key Advantages to
Remortgaging
with Paragon
Consider these four important benefits of remortgaging with Paragon
Equity Release Opportunities
Access funds from your property, subject to eligibility, which may be used for renovations, investments, or other financial purposes.
Competitive Rates
Interest rates vary by product and market conditions. A broker can help you compare available options.
Flexible Options
Paragon offers a range of mortgage products, including fixed and variable rate options, depending on the product and your circumstances.
Expert Guidance
You can receive support from a mortgage adviser to help you understand your options and the remortgaging process.
Key Advantages to
Remortgaging
with Paragon
Consider these four important facets of remortgaging with Paragon
we can help with Paragon Bank
Start your Paragon remortgage today
Remortgaging with Paragon Bank allows you to review your current mortgage and explore alternative products that may better suit your circumstances. This could include switching to a new rate, adjusting your mortgage terms, or accessing equity in your property, subject to eligibility. As a specialist lender, Paragon offers a range of mortgage products, particularly in the buy-to-let and specialist lending markets. Product availability, rates, and terms will depend on your individual circumstances and the lender’s criteria.
Get Started Today
BMI Money can support you with a Paragon remortgage by explaining your options, comparing available products, and guiding you through the application process. Any recommendations will depend on your individual circumstances and eligibility.
