Press releases

UK SMES are taking the learnings from the first wave of the pandemic and implementing them permanently in their businesses, Paragon Bank research has revealed.

Just under half of landlords have indicated that they intend to make energy efficiency improvements to their properties as part of the Government’s Green Homes Grant scheme.

Paragon Bank has provided a £1.6 million development finance loan to Nottingham-based developer, Hockley Developments Ltd, for the conversion of a care home into residential apartments. 

Paragon Bank continues to support UK SMEs during coronavirus, providing a £130,000 Coronavirus Business Interruption Loan (CBILS) loan to Worcester-based engineering firm, GDK Engineering Company Ltd.

Housebuilding accelerated faster in the North West than any other English region over the past five years, analysis by Paragon Bank has revealed.

Tenant demand hit a four-year high during the third quarter of 2020, with landlords in the North West and South West reporting the strongest levels of growth

Paragon Bank is enabling three Leicestershire-based sisters to follow in the footsteps of their father by providing funding to establish their plant hire business, FinniGroup Ltd. 

Mortgage brokers have revealed their biggest challenges, offering an insight into how lenders can support them. 

In a survey involving more than 8,000 customers, Paragon Bank found that 21% of Gen-Z savers were spending more than before during the pandemic – this is 160% higher than the overall average of 8%.

Just under half of mortgage intermediaries expect to write more buy-to-let business in the next 12 months, according to Paragon Bank’s Financial Adviser Confidence Tracker (FACT) Index.