3mc to distribute Paragon's Premier BTL range
Mortgage distributor 3mc has become a distributor of Paragon’s Premier range of buy-to-let mortgages.
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The Premier product range, which is available from 3mc on a packaged basis only, includes 3-year fixed rates from 3.55% and trackers from 4%, available up to 80%. Paragon will consider limited company applications where they are not the sole funder. The maximum age of applicant is 85 years, and the maximum portfolio size is £10 million.
The products have a proc fee of 0.5% and reduced processing fee for 3mc brokers of £95.
Doug Hall, Director of 3mc, said:
“We’re delighted to be one of only a few distributors to have access to Paragon’s Premier range of buy-to-let mortgages, which offer brokers and their clients not only access to highly competitive fixed and tracker rates but also accommodating criteria.”
Moray Hulme, Head of Sales at Paragon, said:
“3mc has developed a strong reputation for the quality of service it provides and we’re looking forward to working with Doug and the team over the coming months.”
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