Rising interest rates is causing fixed rate products to grow in popularity according to Paragon Mortgages

Latest press release from Paragon Mortgages headlined ‘Longer-term fixes reach record high.’ Paragon Mortgages latest Financial Advisors Confidence Tracking (FACT) Index report, based on interviews with 199 mortgage intermediaries, shows longer term fixed rate mortgages continue to grow in popularity with homeowners opting for five-year products to benefit from better rates. Paragon Mortgages reveals, the…

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Private rented sector finely balanced says Paragon Mortgages

The latest Paragon Mortgages Private Rented Sector (PRS) Trends report for Q1 headlines ‘A Long Road Ahead’. The highlights in the Paragon Mortgages Q1 2017 PRS Trend report are: Average portfolio size stable at 13 properties, despite tax changes and rising stamp duty. Landlords expect little change in portfolio size over the next 12 months.…

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Increase in number of remortgages Q4 2016 according to Paragon Mortgages

Recent press release from Paragon Mortgages headlined ‘Brokers see surge in remortgages as borrowers opt for longer term fixed rates’. Paragon Mortgages’ latest Financial Advisors Confidence Tracking (FACT) Index report has identified a shift in type of mortgage borrower in 2016, with remortgage business increasing in each quarter. In the Q4 2016 report it states…

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Private rental sector demand continues to rise

Surveys of more than 1,800 Private Rented Sector (PRS) landlords and tenants undertaken by BDRC Continental on behalf of Paragon Mortgages has revealed a high degree of tenant satisfaction, and the role landlords see the PRS playing in the provision of housing in the UK. Demand for properties to rent rose in the first quarter…

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