Related topic: portfolio landlord

The lender has reduced rates on its two-year fix for landlord borrowers.

Paragon has centred its proposition on flexibility, fluidity and fewer fees to support landlords seeking to build portfolios.

Maximum overall borrowing is also increasing to £7.5 million.

The range allows large portfolios to be consolidated under a single loan at a lower annual rate.

The company will now consider lending more than £5m on a case-by-case basis.