The new lender, which distributes exclusively via intermediaries and was created by UK digital bank, Chetwood Bank, has become the latest addition to Paradigm's lending panel.
Applications for semi-commercial and commercial property purchases among landlords made up a greater share of total activity, according to new internal data from Shawbrook.
Paragon's latest products are suitable for landlords who purchase or remortgage properties as individuals or through limited company structures in England, Scotland, and Wales.