Press releases

Genesis Homes has secured a £3.2 million funding facility from Paragon Bank and an equity investment from the Housing Growth Partnership to support the third phase of its development. 

Almost four in 10 (38%) mortgage intermediary companies are expanding their operations, amidst a backdrop of labour market challenges, according to Paragon Bank research. 

Paragon Bank has appointed Karl Kent as Relationship Director in the Development Finance division, focusing on Yorkshire and North East. 

Paragon Bank has added six limited edition five-year fixed rate products to its range of buy-to-let mortgages for portfolio landlords, all available at up to 65% loan-to-value. 

Nearly four in 10 (37%) portfolio landlords, those with four or more properties, plan to increase the size of their portfolios in 2024, Paragon Bank research has found.

Paragon Bank is offering landlords some attractive deals on its two-year fixed-rate buy-to-let mortgages, including its lowest rate for 18 months and reductions of up to 35bps

The number of adult non-ISA savings accounts with balances large enough to incur tax on savings interest has tripled in the past year, according to new analysis from Paragon Bank.

Six in 10 landlords recorded increased tenant demand for their properties in the final quarter of 2023, Paragon Bank research has revealed.

Paragon Bank has added five-year fixed-rate products to its range of buy-to-let mortgages.

Nottingham-based property developer Hockley Developments Ltd has secured a £5.4 million funding facility from Paragon Bank to support the second phase of its Sherwood Library development.