Paragon Mortgages, the specialist U.K. buy-to-let (BTL) lender, said it plans to do two securitizations per year, with the next deal planned for spring 2014, according to a Standard & Poor’s report.

The U.K. lender priced its first U.K. buy-to-let transaction of 2013 to strong investor demand in September. Paragon reported last Wednesday that its BTL loan advances increased 90% YTD in the 9 months to Sept. 30, and its pipeline of new business is £230 million—up from £130 million in Sept. 2012.  

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