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Paragon Mortgages

from Tracy Smith (t_smith50@hotmail.com)
The home repossession page warns against using Paragon Mortgages. I am thinking of getting a mortgage with them - to rent out to students. These people seem to be the only people who will lend me the money - given I want to rent to students. Does anyone have any information about Paragon Mortages that will help me make up my mind.

Also I am worried that, because they are not a well known bank, they may go bankrupt and leave me in the position that I would have to repay all the money straight away ! Is this a realistic fear and can I insure against it ?

(posted 9109 days ago)

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