remortgage with
Paragon
Remortgaging with Paragon
Remortgaging with Paragon Bank offers homeowners the opportunity to optimise their financial situation by switching to a new mortgage deal. Whether you’re looking to secure a lower interest rate, reduce monthly repayments, or release equity from your property, Paragon Bank provides tailored solutions to meet individual needs. With a straightforward application process and competitive rates, they aim to make refinancing your home as seamless as possible.
As a specialist lender, Paragon Bank caters to a variety of circumstances, including buy-to-let and residential mortgages. Their expert team ensures you receive professional guidance throughout the process, helping you choose a product that aligns with your goals.
4 Steps to remortgaging with Paragon
Four steps to remortgaging with Paragon
1
Assess Your Needs
Determine why you’re remortgaging, whether it’s for a better rate, lower repayments, or equity release, to identify the most suitable solution for your goals.
2
Explore Paragon’s Products
Review Paragon Bank’s range of mortgage products, including fixed and variable rate options, tailored for residential and buy-to-let properties. Seek advice if needed.
3
Submit Your Application
Complete the remortgage application with the required documentation, including proof of income and property details. Paragon’s team will review and process your submission efficiently.
4
Finalise and Transfer
Once approved, finalise the offer with Paragon. They’ll handle the transition from your previous lender, ensuring a smooth transfer to your new mortgage.
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 determines lending amounts based on the specific mortgage product. For buy-to-let mortgages, loans typically start from £30,000, with a maximum of £10 million for portfolio landlords. Residential mortgages offer borrowing tailored to income and property value, usually up to £1 million. The exact amount depends on individual circumstances, property type, and loan-to-value ratios.
Key Advantages to
Remortgaging
with Paragon
Consider these four important benefits of remortgaging with Paragon
Equity Release Opportunities
Access the value in your property to fund renovations, investments, or other financial goals.
Competitive Rates
Benefit from attractive interest rates designed to reduce your monthly repayments and overall costs.
Flexible Options
Choose from tailored mortgage solutions, including fixed and variable rates, for residential and buy-to-let needs.
Expert Guidance
Receive professional advice from Paragon’s team, ensuring a smooth and informed remortgaging process.
Key Advantages to
Remortgaging
with Paragon
Consider these four important benefits of remortgaging with Paragon
we can help with Paragon Bank
Start your Paragon remortgage today
Paragon Mortgages stand out for their focus on specialist lending, offering tailored solutions for buy-to-let investors, portfolio landlords, and unique circumstances, supported by expert guidance and competitive, flexible products.
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BMI Money assists with Paragon remortgages by providing expert advice, comparing mortgage options, and managing the application process, ensuring a seamless transition to the best product for your needs.