The average age of landlords acquiring new rental property with a buy-to-let mortgage has fallen over the past decade, driven by strong growth in the proportion of landlords in their 30s.

WeBuild Developments has secured a £12.8m funding package from Paragon Bank’s Development Finance division for an office conversion scheme to residential accommodation.  

Paragon Bank has strengthened its buy-to-let mortgage sales team by appointing James Harding as Business Development Manager (BDM) to provide support to brokers in Scotland. 

Paragon Bank's Structured Lending division has provided £30 million funding across three separate deals, marking a significant month for the team.

Paragon Bank has reduced rates on its core range of buy-to-let mortgages, taking 15bps off 10 products, in addition to launching six new five-year fixed rate mortgages with nil fee and 5% fee options.

Over £850 billion of cash held in adult savings accounts is now growing in real terms after the rate of inflation fell in June, Paragon Bank analysis of industry data has revealed. 

Paragon Bank is celebrating a decade of success as a savings provider by hitting the £15 billion customer deposits milestone. 

Paragon Bank’s SME Lending division has provided a £125,000 funding package to support Essex-based ACTiVE Plant Hire’s purchase of two electric excavators. 

Brits are prioritising holidays despite four in 10 facing the prospect of rising holiday costs, Paragon Bank research has found. 

Paragon Bank’s SME Lending division has provided an £800,000 finance package to Telford-based Stokey Plant Hire to modernise its fleet through the purchase of three new pieces of equipment. 

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