Portfolio landlord saves £280,000 on 77-property refinance
Original Article Summary
A 77-property portfolio has been refinanced through Paragon Bank's multi-property proposition, delivering an estimated £280,000 saving over five years. The transaction consolidated borrowing into a single application managed by one underwriter. The post Portfolio landlord saves £280,000 on 77-property refinance appeared first on PropertyWire.
Investor Analysis
Paragon Bank refinanced a 77-property portfolio through a single consolidated application, saving the landlord approximately £280,000 over five years compared to their previous lending arrangement. The case illustrates how multi-property propositions can reduce both borrowing costs and administrative burden for portfolio landlords.
Investor Relevance
Portfolio landlords holding multiple BTL properties should review whether consolidating separate mortgages into a multi-property application could reduce overall borrowing costs and administrative overhead — particularly relevant as mortgage costs and operational pressures remain elevated.
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