Press releases

Paragon Development Finance client Farleigh has secured a £4.5 million funding package to support a new residential scheme in Reading. 

Paragon Bank has refreshed its buy-to-let product ranges, reducing rates across 20 products. 

Burrington Estates has secured a £28 million funding package from Paragon Development Finance to support its prestigious Winslade Park development in Exeter.

Paragon has welcomed in the new year by announcing a range of switch and further advance products for portfolio and non-portfolio landlords.

CACI data analysed by Paragon Bank  showed that the saving market has seen a small dip in value for the first time this year, although average savings balances have reached a new high. 

Four in ten households are choosing to scale back festive spending in 2021 compared to 2020, Paragon Bank research has revealed.

Paragon Bank has launched a new 120 Day Notice Account, which is paying a competitive rate of 1.00% AER variable*. 

The PG Group has secured a £6.5m funding package from Paragon, as well as an equity investment from the Housing Growth Partnership, to support its Weston seafront apartment scheme.

Nearly three out of four of England’s fastest growing local authorities for new build developments are located in London or the South East, analysis by Paragon Development Finance has revealed.

Paragon Bank has reduced rates across four of its 80% and 75% loan-to-value (LTV) five year fixed-rate buy-to-let products.