Press releases

The amount of money held in fixed-rate savings accounts has nearly doubled over the past year as savers responded to rising interest rates, Paragon Bank analysis has revealed. 

Lodge Park has secured a £9.6 million finance facility from Paragon Bank’s Development Finance division for its St Edmund’s Place development in Buckinghamshire.

Paragon Motor Finance has enhanced its offering with an extended 15-year loan term for motorhomes, increasing customer flexibility to provide financial solutions that align with their needs.

Kent-based Keaveney Plant Hire Ltd has added a state-of-the-art Suction Excavator to its fleet, thanks to financing from Paragon Bank.

Paragon Bank has today launched market-leading one and two-year fixed-rate ISAs, supporting savers who want to build tax-free balances. 

Three-quarters of landlords who intend to purchase a new rental property in the next year will utilise a Limited Company structure - a record level - research has revealed. 

Ambassador Living has secured a £9.5 million finance facility from Paragon Bank’s Development Finance division for the completion of its Wallace Park project in Wallyford, East Lothian.

Paragon Bank has reduced rates across 22 buy-to-let mortgage products, with fixed deals now starting at 4.59%. 

Greg Dunne has been appointed Relationship Director in Paragon Bank’s Development Finance division.

Elevate Property Group has secured an £11.9 million finance facility from Paragon Bank’s Development Finance division for the development of The Silk Yard, a 258-strong apartment scheme in Derby.