Paragon Tweaks Criteria

Paragon tweaks criteria for limited company landlords

April 4th, 2016

Paragon Mortgages is changing its lending criteria for limited company landlords following government tax relief tweaks.

The buy-to-let mortgage provider is removing its exclusivity borrowing restriction for limited company landlords.

The changes will let Paragon’s limited company landlords deal with other lenders.

Paragon director of mortgages John Heron says: “We know from our latest research there are an increasing number of landlords looking into whether to incorporate, some 41 per cent were at least considering whether to do this in Q4 last year.