60% LTV rates are up to 1.46% lower than last year.

Five-year fixed rate retirement interest-only products will see the largest reductions.

Rate reductions apply across large portfolio, HMO and short-term let products.

Switch & Fix helps borrowers secure new rates, including on more complex loans and commercial mortgages.

The relaunched ranges support both large and complex HMOs/MUFBs, short-term lets and trading company borrowers.

Reductions include the lender's flagship 40-year fixed rate product.

The cost of rent and mortgages stabilised considerably in June, increasing by just 1.5% year-on-year – the slowest rate of growth since March 2023.

The specialist lender has hired a regional account manager, a key account manager, and two BDMs.

James replaces Holly Morrison, who was Paragon’s BDM for Scotland before being appointed to national account manager.

90% LTV rates have seen the largest reductions.