Press releases

Paragon Bank has expanded its range of limited-edition buy-to-let mortgages by re-launching two products for Single Self-Contained units. 

Paragon Bank is targeting top-of-the-market positions for its range of fixed rate cash ISAs after it increased rates across four of its products. 

Paragon Development Finance has supported Study Inn with a £17.25m funding package to assist with the development of a 267-bed scheme at Reynard House, Leicester.

Paragon Bank has re-launched two limited edition products for Houses in Multiple Occupation (HMOs) and multi-unit blocks.

CACI data analysed by Paragon Bank  showed that easy access non-ISA savings have grown their market share consistently throughout the last year, and now account for a record 60% of total savings.

Cornwall-based Stephens + Stephens has secured a £16.6m funding package from Paragon to support its prestigious One Pentire scheme, a development of 74 luxury apartments in Fistral Bay, Newquay.

The average number of tenants in rent arrears is at its lowest level for ten years. 

Nixon Blue has secured a £4.5million funding package from Paragon Development Finance to support the development of 34 new apartments overlooking Paisley's iconic Abbey.

Paragon Bank boosted rates available to savers in the cash ISA space by increasing the return offered across its one, three and five-year fixed rate ISAs.

New research from Paragon Bank  revealed that 54% of UK SMEs have already either met or exceeded pre-pandemic turnover levels, with more than nine in ten feeling positive about their recovery.