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News releases

Paragon Development Finance has provided an £18 million finance package to 239 Kingsway Hove Ltd to support the development of a luxury residential apartment scheme in Hove, Brighton. 

Paragon Bank has announced that it is adding four new 5-year fixed rate mortgages to its buy-to-let portfolio range.

Paragon Development Finance client Farleigh has secured a £4.5 million funding package to support a new residential scheme in Reading. 

Paragon Bank has refreshed its buy-to-let product ranges, reducing rates across 20 products. 

Burrington Estates has secured a £28 million funding package from Paragon Development Finance to support its prestigious Winslade Park development in Exeter.

Paragon has welcomed in the new year by announcing a range of switch and further advance products for portfolio and non-portfolio landlords.

CACI data analysed by Paragon Bank  showed that the saving market has seen a small dip in value for the first time this year, although average savings balances have reached a new high. 

Four in ten households are choosing to scale back festive spending in 2021 compared to 2020, Paragon Bank research has revealed.

Paragon Bank has launched a new 120 Day Notice Account, which is paying a competitive rate of 1.00% AER variable*. 

The PG Group has secured a £6.5m funding package from Paragon, as well as an equity investment from the Housing Growth Partnership, to support its Weston seafront apartment scheme.