Rates have reduced by 11bps and now start from 4.24%.

Andy Craggs joins Paragon to lead on the SME lending division’s green energy offering.

Rates start from 3.45% with no application fee for SSC properties.

The new process reduces document requirements for loans up to 75% LTV and £2 million exposure.

Both roles will report to Sam Debenham, regional manager of mortgage sales.

The higher threshold means a greater number of SME loan applications will benefit from faster lending decisions.

The extension follows the launch of 80% LTV products for purchase and remortgage in April.

The limited edition five-year fixed rate is available at 4.29%.

Sweetman has held previous roles at Santander and Countrywide over a 20-year career.

The lender has also reduced existing rates and removed application fees on selected mortgages.