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Press releases

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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.

Paragon Bank has continued its support for UK companies impacted by coronavirus, providing a £125,000 CBILS loan to Reading-based access solutions provider, Southern Tower Ltd.

Paragon Bank’s Development Finance team has seen further growth, with the appointment of Rebecca Murphy as Relationship Director.

Staff at Paragon Banking Group took part in Macmillan’s Coffee Morning event, raising over £5,000 for Macmillan to provide support for those impacted by cancer.

Paragon Bank has continued its support for UK companies impacted by coronavirus by providing a £200,000 CBIL to Kingfisher Leisurewear, a Shropshire-based family business.

Paragon Banking Group PLC.  Registered in England number 2336032.  Registered office 51 Homer Road, Solihull, West Midlands  B91 3QJ.