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Paragon Bank research has found nearly four out of 10 parents support their children on an ongoing basis and a quarter of grandparents regularly help their grandchildren financially.

Paragon Bank has signed up to the Mortgage Industry Mental Health Charter, a not-for-profit organisation helping finance businesses support their staff.

A new report published by the NRLA and Paragon, produced by PwC, reveals that small and medium landlords in the private rented sector (PRS) support over 390,000 jobs. 

With the ISA window drawing to a close, Paragon Bank has increased rates across a range of fixed-rate cash ISAs.

Developer Hall & Co Property has secured a £6.4 million funding facility from Paragon Bank and a £1.4 million equity investment from the Housing Growth Partnership to support its development in Conwy.

The amount of cash held in adult ISA accounts rose by nearly a fifth last year as savers took advantage of rising fixed-rate product pricing, Paragon Bank analysis shows.

Paragon Bank’s SME Lending Division has supported Chesterfield-based plant company SH Plant Ltd to purchase two trucks through an asset finance funding solution of £400,000. 

Genesis Homes has secured a £3.2 million funding facility from Paragon Bank and an equity investment from the Housing Growth Partnership to support the third phase of its development. 

Almost four in 10 (38%) mortgage intermediary companies are expanding their operations, amidst a backdrop of labour market challenges, according to Paragon Bank research. 

Paragon Bank has appointed Karl Kent as Relationship Director in the Development Finance division, focusing on Yorkshire and North East.