We are a UK specialist bank. Our lending products include mortgages for landlords and loans for business customers.

The pandemic has had a wide-ranging impact on what tenants want from their home. Find out how landlords are responding.

Our strategy is to build a specialist bank for our customers, which delivers sustainable growth and shareholder returns through a low risk and robust model.

Overview

Q3 2021 trading update

Continued strong momentum as Paragon concludes its busiest quarter for lending advances in over a decade.

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Sustainability

Sustainability is central to our long-term success and it influences every aspect of our business

Overview

Disability Confident

We’re a member of the Government’s Disability Confident scheme, committed to providing inclusive and accessible recruitment and support for disabled people.

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News

Keep up-to-date with the latest new releases and insights from across our business.

Overview

Studying Student Buy-to-Let

From what students look for to where landlords can find the best yields, our latest report looks in depth at the privately rented student market.

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Careers

We understand how important our employees are to the business and, in recognition of this, we provide a variety of excellent reasons to work for us.

Overview

Surveying your opportunities?

We’re looking for surveyors to join our growing team. Have you got what it takes?

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Investors

Q3 2021 trading update

Continued strong momentum as Paragon concludes its busiest quarter for lending advances in over a decade.

Investment case

Find out what makes Paragon a unique company to invest in

for the six months ended 31 March 2021

£1.13 billion

New lending
+45.1% increase
(2020 H2: £776.4 million)

£82.9 million

Underlying profits*
+44.9% increase
(2020 H1: £57.2 million)

232 basis points

Net interest margin
(2020 H1: 229 basis points)

25.2 pence

Underlying EPS*
+43.2% increase
(2020 H1: 17.6 pence)

16.0%

CET 1
(2020 H1: 14.4%)

7.2 pence

Interim dividend
(2020 H1: nil**)

*For underlying basis, see Appendix A of Results announcement
**For more information, see April 2020 Covid-19 update here.

I am incredibly proud of these results. They reflect the hard work of our people during a challenging period as well as the success of our longstanding strategy to build a technology-enabled specialist banking group. We have delivered record half-year profits and go into the second half of 2021 with strong momentum, healthy new business pipelines and enhanced margins.

Nigel Terrington
Chief Executive Officer

See latest results