Press releases

Paragon has successfully issued £150 million in Tier 2 Green Bonds, becoming the first UK bank to issue a subordinated instrument in the sustainable finance space. 

Paragon’s Development Finance division has provided a £13.3 million development loan to Elevate Property Group to support the purchase and redevelopment of Priory House in Birmingham. 

Paragon Development Finance has launched 70% Gross Development Value (GDV) funding today as it strengthens its support of UK SME housebuilders.

Paragon Bank’s Development Finance team has provided a £3.2 million funding facility to the Brookland Group to support with the development of 13 houses in Hartshorne, Derbyshire.

Paragon Bank has refreshed its range of buy-to-let mortgage products for portfolio and non-portfolio landlords. 

Richard Rowntree, Managing Director of Mortgages at Paragon Bank, comments on the Household Finance Review.

Richard Rowntree, Managing Director for Mortgages at Paragon Bank, reacts to the 2021 budget announcement and discusses the potential impact on the private rented sector

Paragon Bank has announced that it is adding two new five-year fixed rate mortgages to its portfolio product range.

Paragon Bank has increased the interest rates across its one, two, three and five year fixed rate bonds in order to offer more choice for savers looking for competitive fixed rate options.

The growth of online retail has driven a significant increase in the number of companies in the Transportation and Storage sector since 2013, Paragon Bank analysis has revealed.