12:01 AM, 10th July 2026, 1 minute ago
Paragon Bank, Landbay, Shawbrook, Coventry for intermediaries and Accord Mortgages have all announced changes across landlord or property investor ranges.
The changes cover Bank Base Rate trackers, five-year fixes, commercial bridging and limited company buy to let products.
Paragon Bank has expanded its BTL Bank Base Rate tracker range with new two-year options and a 2% fee product.
The revised range is available up to 75% loan-to-value and covers single self-contained properties, houses in multiple occupation and multi-unit blocks.
Paragon’s BTL deals
For single self-contained properties at 75% LTV, the latest two-year tracker starts at Bank Base Rate plus 1%, currently 4.75%, with a 2% product fee.
The product includes a free mortgage valuation, no application fee and no early repayment charges.
For HMOs and multi-unit blocks at the same LTV, two-year tracker options start at Bank Base Rate plus 1.35%, also with a 2% fee, free valuation and no early repayment charges.
The bank’s product manager, James Harrison, said: “Extending the range to total 14 options for new customers, alongside six switch and four further advance products, and introducing more fee options, we are giving brokers greater scope to match products to their clients’ priorities, whether that is focusing on pay rate, upfront cost or overall balance across a portfolio.”
More cuts from Landbay
Landbay has announced a further round of cuts across 18 Premier products, reducing rates by 5 basis points.
The affected products are five-year fixed rate deals available up to 75% LTV, for purchase and remortgage, including AVM and product transfer options.
Premier is Landbay’s range for standard and HMO borrowers with up to 15 mortgaged properties, available to individual and limited company landlords.
Purchase and remortgage five-year fixes now include a zero-fee option at 5.4%, while the 5% fee option is available at 4.4%.
Variable fee options
Remortgage AVM five-year fixes include a 1% fee option at 5.2% and a 5% fee option at 4.4%.
For remortgage free valuation five-year fixes, the zero-fee option is now 5.44%, with the 5% fee product at 4.44%.
Product Transfer five-year fixes include a 1% fee option at 5.29% and a 5% fee deal at 4.49%.
All Premier products continue to offer variable fee options ranging from zero or 1% up to 5%.
Rob Stanton, the lender’s sales and distribution director, said: “While markets remain capable of moving quickly in either direction, the current environment has given us another opportunity to reduce rates across a significant part of our Premier range, building on the changes we made last month to the Premier range but also building on our recent new product launches.”
Shawbrook’s commercial bridging loans
Shawbrook has increased the maximum LTV on eligible commercial bridging loans to 75%.
The change is aimed at brokers supporting clients who are buying or refurbishing commercial property and need higher levels of funding.
It follows recent changes to Shawbrook’s bridging proposition, including day-one LTVs of up to 90% for refurbishment projects, reduced monthly pricing, a lower minimum loan size and changes to underwriting.
Daryl Norkett, Shawbrook’s director of real estate proposition, said: “Increasing our maximum commercial bridging LTV up to 75% gives brokers greater flexibility to support commercial property investors and developers when higher leverage is needed.
“Combined with the recent enhancements we’ve made across our bridging proposition, this latest update reinforces our focus on giving brokers the tools, flexibility and specialist support they need to get more deals over the line.”
Coventry lowers BTL rates
Coventry for intermediaries has cut selected rates across several buy to let and limited company products.
Its Limited Company BTL EPC five-year fixed rate to 31 December 2031 at 75% LTV with no fee has been reduced by 11bps to 5.29%.
A BTL Purchase five-year fixed rate to 31 December 2031 at 75% LTV with no fee has been reduced by 8bps to 4.98%.
Jonathon Stinton, Coventry’s head of intermediary relationships, said: “In a competitive market, these reductions will help give brokers and their BTL clients greater choice.
“And because we’re applying reductions to some of our limited company products, there are better options available to professional landlords too.”
Accord improves BTL competitiveness
Accord Mortgages has reduced rates across its buy to let range this week by 0.08%.
The intermediary-only lender is cutting all five-year fixes up to 75% LTV by 0.08%, while also extending product end dates to 31 October.
Two- and three-year rates are unchanged.
It includes a five-year fixed rate at 4.87%, down from 4.95%, for house purchasers at 75% LTV, with a £995 fee and standard valuation.
For remortgage borrowers at 75% LTV, Accord is offering a five-year fixed rate at 4.90%, down from 4.98%, with a £995 fee, standard valuation and remortgage legal service.
A five-year fix for house purchasers at 60% LTV has been reduced to 4.71% from 4.79%, with a £995 fee and standard valuation.
Jeremy Duncombe, the managing director of Accord Mortgages, said: “We’re so pleased to take this opportunity to improve the competitiveness of our buy to let range, ensuring we continue to deliver exceptional value wherever possible to our brokers and their landlord clients.”
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