Paragon Bank has launched a new multi-property buy-to-let mortgage proposition to allow landlords to apply for four or more properties in a single application. Landlords can choose from any of the bank’s product range for both purchase and remortgage and can select any type in the application, including single self-contained units, HMOs and MUBs. To further enhance the flexibility of the product, properties included within the single application can complete at separate times. Up to 99 properties can be included as part of the multi-property application. Landlords can reduce costs as there are no application fees, including for HMOs and MUBs, saving £299 per property, and only one legal advice certificate is required.

ModaMortgages has cut rates by up to 15 bps. The price reduction, which applies to both the lender’s standard and limited edition ranges, means that rates for single dwelling products now start from 2.99% and 4.59% as two- and five-year fixes. Rates for its small HMO and MUFB products are now available from 3.09% as a two-year fix and 4.69% as a five-year fix. Products are available at up to 80% LTV and are open to personal ownership and limited company landlords.

conveybuddy has appointed Connor Nixon as a new business development executive, adding to its broker-facing team. He joins the business with immediate effect and will take on a key role supporting the conveyancing distributor’s account management function. Nixon brings extensive experience in the role, having previously worked in conveyancing business development and within new business at a conveyancing firm. conveybuddy said that Nixon’s depth of knowledge and understanding of conveyancing would make him a valuable addition to the team.

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