Press releases

Paragon Development Finance supports Elevate Property Group to create 111 new homes in Birmingham city centre.

Developer Hall & Co Property has secured a £6.4 million funding facility from Paragon Bank and a £1.4 million equity investment from the Housing Growth Partnership to support its development in Conwy.

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. 

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

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. 

Paragon Bank’s Development Finance division has extended its range of funding options to provide finance of up to £35 million to support the development of institutional-grade BTR schemes.

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.

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.

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.

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.