Paragon is delighted to announce a New Year refresh of our product range, with revisions to interest rates and product fees, and the introduction of a 3-year fixed rate option, all available from 8 January 2018.
Highlights include:
Rate and product fee reductions
- Pricing reductions across the variable rate product range, with a new lead rate of just 3.65%
- Pricing reductions on our fixed rate products, with 2-year fixed rate loans available from 4.08%
- Product fee now fixed at £345 for all ‘Option 1’ variable rate loans
- Product Fees reduced on many 2-year fixed rate loans
New product introduction
- 3-year fixed rate loans introduced, with no ERCs on loans up to £250,000 and rates from 4.15%
Full details are set out in our latest Product Guide which you can find here.
If we have produced a variable or fixed rate mortgage illustration prior to 8 January 2018, and a mortgage offer has not yet been issued, any offer we subsequently produce will show the new charging rate and monthly payment providing the customer qualifies.
Thank you for your continued support
If you have any questions, please contact the team:
North Dave Watson Telephone: 07794 030 219 Email: dave.watson@paragonbank.co.uk
South Nick Aylward Telephone: 07974 980 118 Email: nick.aylward@paragonbank.co.uk
Office Telephone: 0345 149 7755 Email: scenquiries@paragonbank.co.uk
