Paragon Bank has expanded its range of buy-to-let (BTL) mortgages for portfolio landlords by launching six five-year fixed rate products, with 2.5% and £1,999 fee options. The lender’s 2.5% fee five-year fixed product has rates starting at 5.35% for energy efficient (rated A-C) single self-contained (SSC) homes, increasing to 5.40% for properties with EPC rating of D or E. Paragon is also offering a product, priced at 5.60%, for portfolio landlords purchasing or remortgaging HMOs or MUBs. Alternatively, the £1,999 fee option is priced at 5.70% for SSCs with EPC ratings of A-C, increasing by 0.05% for properties with D or E ratings and 0.15% for HMOs and MUBs.

Foundation Home Loans has launched a new suite of products, specifically for landlords buying or refinancing multiple properties under one title. The new product suite is available under the ‘solutions by Foundation’ brand, which offers broad and specialist criteria and products for an additional layer of specialist BTL needs, covering multi-occupancy properties, mixed-use property and expat borrowers. The products are available to individuals, portfolio landlords and limited companies on two- and five-year fixed rates at both 65% and 75% LTV. Rates start at 6.69% and 6.54% for the two- and five-year products respectively, with a 2% product fee.

Hargreaves Lansdown (HL) has announced that it now offers the “highest cash ISA rate on the market” with a cashback offer. Savers can now earn up to 5.29% AER if they deposit into the highest paying product on offer. New clients to the cash ISA can earn £25 cashback if they deposit £10,000 or more into the savings products within the cash ISA platform. This offer is available until 25 April 2024. Since launching the cash ISA platform in February, HL has added Charter Savings Bank and LHV to their bank panel, taking the number of bank on the platform to six.

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