Press releases

A third of landlords who own rental property in their personal name are planning to incorporate their portfolio into a limited company structure, according to Paragon Bank research.

Nearly 2m new fixed and instant access adult savings accounts opened in the 12 months to August 2023 offered a rate of 1.5% or less, suggesting some savers still aren’t shopping around.

Paragon Bank has launched a new issue of its Double Access savings account, paying a market-leading 5.25% AER*.

Denbighshire-based grounds management experts 360 Ground Care has boosted its operations, thanks to new assets secured through Paragon Bank funding. 

One in five adults in the UK claim to have been a victim of financial fraud, with Generation X most likely to have handed over cash to a scammer, Paragon Bank research has found.

Arundel Gate Finance has secured £30m of funding from Paragon Bank, including a £12 million revolving loan facility, to assist in the development of 90 high-quality residential homes in Arundel.

Newcastle-based precision engineering specialist EDM Zone has added a high-class Mitsubishi Electric EDM machine to its operations, thanks to financing from Paragon Bank.

Analysis by Paragon Bank has revealed increasing returns on buy-to-let investments serving students, with the strongest yields seen in the UK’s smaller university towns and cities.

Paragon Bank SME Lending Managing Director John Phillipou has been appointed Chair of the Finance & Leasing Association. 

Yorkshire-based housebuilder Newett Homes has secured a £5.45 million revolving loan facility from Paragon Bank to support its newbuild development in Emley, Huddersfield.