Paragon mortgage review.UK’s nineteenth lender that is largest
The buy-to-let home loan professionals
Paragon lent slightly below Ð’Ðˆ2bn in 2018. Which is nearly 1% of most home loan financing.
31-day distribution time
That is 15 days slower compared to average of 25 lenders we measured.
Paragon had been launched in 1985 plus in the year that is same its very very first buy-to-let home loan item. Paragon joined up with the London stock market in 1989 as being a FTSE 250 listed company.
Paragon offer a variety of professional buy-to-let mortgages and other kinds of mortgages, including charge that is second, via a chosen panel of intermediaries.
Weve reviewed a number of the UKs top lenders and measured their service, application affordability and speed.
In this review well protect:
All information about this site was up to date at the time of August 2019.
Is Paragon good mortgage company?
There are numerous approaches to measure just exactly how good a loan provider is. We have selected to pay attention to publicly complaints that are available to calculate their quality of service.
We looked over Paragons consumer complaints record between and December 2018.(1 july) during this time period, the Financial Conduct Authority (FCA) received 421 officially upheld complaints. Thats around 0.6% of customers, which can be somewhat more than the 0.4per cent average over the major loan providers.
Just how long does a Paragon home loan application simply take?
The average speed that Paragon processed a Trussle customers successful mortgage application was 31 days during the last six months. Thats slow compared to 16-day average across all of the loan providers weve submitted applications to.
Be aware that the rate of application will be different according to your own private circumstances while the loan providers current performance that is day-to-day.