Reach your savings goals with our simple, straightforward savings accounts and cash ISAs.
See all of our reviews
Have your cake, and eat it too, with our award winning Cash ISAs
Discover our range of specialist buy-to-let and residential mortgages, available through intermediaries.
If you're a landlord, you can only apply for our mortgages through an Independent Financial Adviser. Click below to find an advisor.
Don’t forget, our discounted buy-to-let products benefit from our Track to Fix feature!
Find the right finance to get you moving with our tailored business and personal loans.
Developed in response to your feedback about the need for speed, simplicity and accuracy of lending applications, you can now log in and apply in minutes.
Find all the latest case studies from Paragon Bank.
Stonehaven have 20-years’ experience in developing residential properties in Southwest England. One of their latest developments will see the conversion of a HMO into 10 flats and two semi-detached homes in the Meyrick Park region of Bournemouth, Dorest.
Paragon has supported the scheme with £4.3 million finance package. Further equity for the development was provided by Blazehill Capital Finance.
Situated close to the centre of the town, the funding will see the renovation and conversion of a former house of multiple occupancy with the new 3 bedroom semi-detached properties to be added on the existing site.
The redevelopment of the site is due to commence in mid-2023 and expected to be completed in 2024.
Senior funding for the development was led on behalf of the bank by Relationship Director Adrian Reeves, with support from Portfolio Manager Jess Pilkington.
“Our new development is set to provide the ideal opportunity for those looking to enjoy the benefits that Meyrick Park has to offer. Ideally located for the town centre and seafront, new residents will soon be able to enjoy these superb properties.
“Paragon has been the ideal funding partner for this development. Adrian and the team understood our vision for the site and ensured that we were able to proceed.”
Steve Beales, Stonehaven Holdings.
“I am delighted that Paragon is assisting Stonehaven in bringing new properties to the market in a much sought-after location. With work soon set to commence, I look forward to following its progress in the months ahead.”
Adrian Reeves, Paragon Bank Relationship Manager
Find out more about how we can support your business on our Development Finance page.
Head officeParagon51 Homer RoadSolihullWest MidlandsB91 3QJ
Paragon Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered in England number 05390593. Registered office 51 Homer Road, Solihull, West Midlands B91 3QJ. Paragon Bank PLC is registered on the Financial Services Register under the firm reference number 604551