Paragon Bank has supported the refinance of a complex 77‑property portfolio through its Multi-Property Portfolio proposition.
The case involved an experienced landlord working with broker Robert Haddrick of Bell Mortgage Solutions, who was seeking to refinance a large and diverse portfolio.
The lender said by consolidating the borrowing into a single multi‑property application with Paragon, the client was able to benefit from an estimated £280,000 saving over five years compared to staying with their current lender.
Robert Haddrick, broker at Bell Mortgage Solutions, said: “For a portfolio of this size, the ability to place everything within a single application made a real difference.
“The process was straightforward considering the scale, and the overall outcome delivered a clear financial benefit for the client.”
He added: “Jay Todd, the lead underwriter, never lost sight of the detail across the case and communicated clearly throughout, while Stephen Harrison’s support as BDM was invaluable, acting as a constant point of contact for both the client and me.”
Stephen Harrison (pictured), business development manager at Paragon Bank, said: “This was a complex, large-scale case, but by taking a portfolio-wide approach we were able to structure a solution that delivered a strong overall outcome for the client.
“The level of saving achieved reflects how important it is to look at the full portfolio rather than treating each property in isolation.
“Cases of this size are sometimes associated with more specialist or niche lenders, but this demonstrates what can be achieved through a prime proposition with the right structure and support.”
