Press releases

Paragon Bank has announced that brokers introducing product switches to the specialist lender's other buy-to-let mortgages will receive an increased procuration fee.

The increased cost of living is the main barrier for adults maintaining a savings goal, with those in the ‘squeezed middle’ age bracket hit the hardest, Paragon Bank research has found. 

Student accommodation provider Study Inn Group has secured a £22.6 million finance facility from Paragon Development Finance to support its new state-of-the-art scheme in Nottingham.

Paragon Bank has increased rates across a number of its savings products, as well as launching an inaugural green savings fixed-rate bond aimed at helping improve the energy efficiency of UK homes. 

Surrey-based coach company Wattsway Travel has added its first electric coach to its fleet after securing a six-figure funding package from Paragon Bank.

East Midlands housebuilder Barry Howard Homes has secured a £6.5 million finance facility from Paragon Development Finance to support a 28 new build home scheme in Weedon, Northamptonshire.

Paragon Bank has extended the window in which buy-to-let mortgage customers can lock in a competitive remortgage rate from three months to six months.

Paragon Bank has relaunched its Triple Access ISA and Triple Access Account, both paying a competitive rate of 0.65% AER variable. 

Paragon Development Finance has completed a £14.2 million facility with Feltham Properties to support the development of its new apartment scheme, Hartford Point, serving Burnham Station, Berkshire.

Paragon Bank has provided a £2 million finance package to Shropshire-based Textek to support the development of the UK’s leading mattress recycling plant.