Coronavirus

Paragon is committed to supporting its customers and implementing the Government’s request to offer three-month payment holidays. If you are interested in a payment holiday, please email us at btlcs@paragonbank.co.uk with the subject header ‘Payment Holiday’, along with your full name, mortgage account number(s), buy-to-let property address and telephone number. We will contact you when we have confirmed full details.

Alternatively, please complete the online enquiry form to submit your mortgage payment holiday query.

Please be assured that once you have submitted the form, your payment holiday request will be accepted. If you have been unable to pay May’s payment, please do not worry, your 3-month payment holiday will start from 31 May. If you have made May’s payment, we will start the payment holiday for the payment due on 30 June.

Please note, amounts due under payment holidays still need to be repaid and payment holidays will not impact your credit rating

All our usual communications channels remain open. However, please use our Landlord Portal or email where possible in the first instance as we’re experiencing a higher volume of calls than normal. You can check your accounts, download annual statements or apply for a further advance or product switch via the Landlord Portal.

If you wish to make a new application, please do so as normal via your intermediary or through Paragon directly.

We understand our customers may be impacted during this period and we appreciate the disruption this may cause in managing your business. We take a sympathetic view of this situation and will do all we can to support you and your business. Please contact us, if you can, to discuss your situation, but please be aware that it may take longer to answer your call than normal.

We appreciate that as a result of coronavirus, tenants may endure financial difficulties. We urge landlords to be sympathetic to their tenants’ needs and we have a range of measures in place to support landlords.

We have a full range of tools available to support our customers experiencing financial difficulty and our key focus is always to support you through periods of financial stress. We encourage customers who think that they may have financial difficulties to contact us as soon as possible so that we can discuss the support that is available.

Yes, you can log in to your account in the usual way and manage your account as normal.

You can view your accounts, balances and statements, move your money, open new accounts with us and start an ISA transfer. You can change your personal and contact details, log in details, and nominated bank account.

If you have lost or forgotten your password it’s easy to reset online, you’ll need your username, email address and memorable details. Your username can be found in your welcome letter and in your emails. If you’ve changed it since and can’t remember it, please contact us.

Yes, if you’re a new customer you can open an account online and our fixed rate accounts and cash ISAs are available by post.

Existing customers can log in and apply online through a shorter application.

You can contact us in all the usual ways, but please note we’re taking precautions to keep our colleagues safe during the coronavirus outbreak whilst implementing processes to ensure we maintain our levels of customer service. If you want to talk to us it may take longer to reach us than usual, so please bear with us.

Please remember, it is quick and easy to access and administer your accounts online, and that you can log in and send us a secure message. We will always try and reply as soon as possible.

Your savings held with Paragon are covered by the FSCS, up to £85,000 for a single account and £170,000 for join accounts in eligible deposits. To learn more about the protection you have through the FSCS please visit our FSCS page.

During this difficult time, it’s important to stress that we understand and appreciate the impact coronavirus may have on your business.

We have a full range of tools available to support you through this time. Please visit our Contact Us section to find the relevant team who can assist you.

We continue to review the situation so we can provide the most appropriate advice and guidance, tailored to your business needs.

All our usual communications channels remain open and our teams are working hard to maintain the high level of service you expect from us.

To find the relevant team to support you, visit our Contact Us section.

We understand our customers may be impacted during this period and we appreciate the disruption this may cause in managing your business. We will do all we can to support you through this difficult time.

We have a full range of support available for our customers experiencing financial difficulty and our key focus is always to support you through periods of financial stress. We encourage customers who think that they may have financial difficulties to contact us as soon as possible.

Paragon is committed to supporting our customers and we are aware that an increasing number may require short-term payment arrangements.

If you are experiencing financial difficulties, please visit our Need Financial Help? section.

Yes, Paragon is an accredited member of the CBILS. To find out more please visit the CBILS page.​

It’s important that you remain vigilant and always double check any contact using trusted sources. Some criminals are using coronavirus to trick people into sharing personal or financial information via phishing emails.

If you have any concerns regarding any communications that you have received, our teams will be on hand to advise.

Yes. We are committed to helping our customers in any way we can and are pleased to offer Concessionary payment holidays for up to three months.

If you’re interested in taking advantage of this, then please call 0345 149 7770, or you can email us at mfservicing@paragonbank.co.uk. Please include the subject header ‘Concessionary Payment Holiday’, along with your full name, vehicle registration, account number(s) and telephone number.

Yes, you can still ask for a three month Concessionary payment holiday, even if you’ve missed payments before. If your money worries are longer term, then please call 0345 149 7770 so we can discuss if a concessionary payment holiday is right for you and any other options, we may be able to offer.

Please note, missed payments from before you started your Concessionary payment holiday are still due. If you haven’t spoken to us about these, then please call 0345 149 7770 so we can see how we can support you.

No, there will be no adverse impact on your credit file by taking a concessionary payment holiday.

If you have already missed payments, we will continue to report these to the credit reference agencies.

No, please do not cancel your Direct Debit. You do not need to cancel you Direct Debit as we will not take any payments during your Concessionary payment holiday.

If you’ve already cancelled it and we’re not aware, then please contact us as soon as possible.

Then please call us as soon as possible to discuss your situation. We understand our customers may be impacted during this period and we appreciate the disruption this may cause in managing your finances. We will therefore do all we can support you during both this difficult time and afterwards.

Please contact us to discuss your options. You can call us on 0345 149 7770 or email mfservicing@paragonbank.co.uk with the subject header ‘Balloon Payment’. Please also include your full name, vehicle registration, account number(s) and telephone number. We’ll then be in touch to discuss your options further.

We have a range of options available to help you, such as providing you with more time to part exchange or sell your vehicle, or we may be able to extend your remaining loan term. So, please call us as soon as you have any concerns about paying your loan.

At the end of your Concessionary payment holiday, we will add your deferred payments to the balance of your account. By capitalising these payments, it means your monthly payments will increase and you will pay more over the full term of your loan than you would have done otherwise.

If you cannot afford an increase in monthly payments, then we may be able to offer you a term extension. This may reduce your monthly payments more in line with what you were paying before.

A term extension is an extension to the current number of months remaining on your hire purchase agreement.

We will work with you to understand your circumstances and will agree a set number of months to extend your current agreement by. This will start from the end of your existing contract and we’ll set a new end date once the extension is agreed.

Capitalisation means your holiday payments are added to your outstanding loan balance.

We can either add all or part of your Concessionary holiday payments to the remainder of your agreement – whichever you decide. It does mean your monthly payments will increase for the remainder of your agreement.

We typically allow a period of 28 days for either a term extension or capitalisation to become active on your account. We will always keep you informed and will confirm everything in writing once completed.

Please log in and send a secure message in the first instance. This is the quickest way to contact to us, and we will always reply as soon as possible.

Please note: we’re taking precautions to keep our colleagues safe during the coronavirus outbreak whilst implementing processes to ensure we maintain our levels of customer service.

If you want to talk to us it may take longer to reach us than usual, so please bear with us.

• savings@online.paragonbank.co.uk
• 0800 052 2222

Speak to us from abroad:

• +44 194 479 2583

Buy-to-let

Log in to the Landlord Portal to view your account information, download your annual statement or apply for a product switch or further advance.
Alternatively, you can email us at btlcs@paragonbank.co.uk

If you are interested in a mortgage payment holiday, please complete the online enquiry form to submit your query.

Alternatively, you can visit the Contact Us page for more options.

Second charge

You can email us at scservicing@paragonbank.co.uk
Alternatively, you can visit the Contact Us page for more options.

Residential

You can email us at resiunderwriting@paragonbank.co.uk
Alternatively, you can visit the Contact Us page for more options.

Please visit the Contact Us page and contact us in the usual way.

If you require help with an existing loan, please make enquiries to recoveries@paragonbank.co.uk or contact your Account Manager.

If you have a question about a new application or an existing application which requires a payout, please contact your Account Manager.

If your enquiry relates to an existing finance agreement that you need help with, please email recoveries@paragonbank.co.uk

If it relates to the status of a finance application, please email newproposals@paragonbank.co.uk

If you have any questions, you can find the relevant contact details at the development finance team page.

Buy-to-let

You can log in to intermediary portal to upload documentation
Alternatively you can email us at btlenquiries@paragonbank.co.uk

If you have an enquiry about a new application, please contact your Regional Manager directly.

Second charge

You can email us at scenquiries@paragonbank.co.uk
Alternatively, you can visit the Contact Us page for more options.

Residential

You can email us at resicustsupport@paragonbank.co.uk
Alternatively, you can visit the Contact Us page for more options.

For new business enquiries, please email newproposals@paragonbank.co.uk

If you require help with an existing application which requires a payout, please email newbusiness@paragonbank.co.uk

If you require help with an existing loan, please email recoveries@paragonbank.co.uk

Please visit the Contact Us page and contact us in the usual way.