View more on these topics

Paragon Mortgages launches new product range

Paragon Mortgages has launched a new range of buy-to-let fixed rate and tracker products.

The buy-to-let lender has launched three new two-year tracker products, a three-year tracker at 3.6 per cent and three three-year trackers. The tracker products start at 3.3 per cent and fixed rate products start at 4.25 per cent.

Loan-to-values range from 60 per cent to 75 per cent and all products have a 2 per cent fee, up to a maximum of £2,000.

The products are the first to be introduced by Paragon since its return to new lending in September.

Managing director John Heron says: “These products complement our existing range and will appeal to a wide spectrum of landlords, but with a particular emphasis on smaller scale landlords looking to expand their portfolios.” 


IMF says “dangerous” imbalances threaten global recovery

The International Monetary Fund says “dangerous” imbalances have emerged which threaten to derail the global recovery and spark civil wars, The Telegraph reports. The IMF has published a paper arguing that the extreme gap between rich and poor was an underlying cause of the recession. It warns of “disastrous consequences” for the world economy unless […]


Hong Kong regulator Wheatley to head CPMA

Martin Wheatley, the outgoing head of Hong Kong’s financial regulator, is to head the Consumer Protection and Markets Authority. His appointment was confirmed during a session of the Treasury select committee today. Wheatley will leave the Hong Kong Securities and Futures Commission in June and will join the FSA as managing director of its consumer […]

Brian Tora

Overseas sources fill the income generation gap

With inflation coming in even more strongly last week, attention is increasingly being focused on when interest rates will rise. Sterling was in demand in the immediate aftermath of the announcement – a sure sign that currency speculators believe the Bank of England will be unable to stand out against these pressures for much longer. […]


David Pitt-Watson’s research paper comparing UK pensions with other European countries generated plenty of easy headlines last year, painting a picture of a bloated pensions industry intent on ripping off consumers with high charges. Combined with the BBC Panorama programme’s controversial pensions documentary, much of the media was sent into a frenzy, devouring the eye-watering […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment