Press releases

Paragon Bank’s Development Finance division has strengthened its presence in the North West with the appointment of Dave Rowlinson as Relationship Director.

Paragon Bank Managing Director of Mortgages Richard Rowntree comments on today’s Household Finance Review, which included Q2 lending figures for the buy-to-let market. 

Paragon Bank has bolstered its Development Finance team with the appointment of Jason Wilmot as Relationship Director.

Paragon Bank is launching two new defined access products for those customers looking for a competitive savings rate for their rainy day funds. 

Paragon Bank has provided a £3.3 million funding package to property developer Antler Homes to fund the development of 13 new-build homes in West End, Surrey.

Paragon Bank has increased interest rates across its range of fixed rate saving accounts, including its ISAs and fixed rate bond products. 

Landlords are reporting that tenants are prioritising properties with gardens and space to work when looking for their next rented home, Paragon Bank research has revealed. 

Paragon has provided a £500,000 Coronavirus Business Interruption Loan (CBILS) to Norfolk based plant hire firm, Newall Plant Ltd, continuing its support for UK firms impacted by coronavirus. 

British savers have put a record amount of money aside during May 2020 as the Covid-19 lockdown entered its fourth month, but nearly 40% of easy access balances are earning a rate of 0.1% or less. 

Landlords raising capital contributed to an increase in the level of buy-to-let remortgage business in the second quarter of the year, research carried out by Paragon Bank has revealed.