Strong demand for Rented Accommodation

According to specialist lenders, Paragon buying to let can be hugely profitable at present with a strong demand for rented accommodation. 

Paragon’s figures show that landlords have seen both their rental income and their property's value rising by over £10,000 each during the past year. 

The lender also noted a growing demand for buy-to-let mortgages of late and claimed that this is because the sector offers borrowers a unique combination of high returns and long-term stability.