Press releases

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.

The amount of cash held in adult ISA accounts rose by nearly a fifth last year as savers took advantage of rising fixed-rate product pricing, Paragon Bank analysis shows.

Paragon Bank’s SME Lending Division has supported Chesterfield-based plant company SH Plant Ltd to purchase two trucks through an asset finance funding solution of £400,000. 

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.