Paragon Bank has simplified its buy-to-let (BTL) mortgage proposition, removing the differentiation between portfolio and non-portfolio landlords.
With this change, Paragon will be able to tell brokers which mortgage is suitable for their landlord client at the start of the process.
The lender has also been able to reduce its product guides from nine to three, with options for BTL, switch, or further advance mortgages.
Paragon has also updated its website to make it easier to allow brokers to find the most requested information.
Paragon Bank commercial director Louisa Sedgewick says: “The simplification of our buy-to-let product range was driven by conversations with brokers, as well as our culture of challenging how and why we do things, streamlining processes and making it easier to do business with us.”
She adds: “Much of what we’ve done has taken place in the background, but brokers landing on our intermediary web page will notice it is cleaner and all the important information is easy to find.”
