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We are a UK specialist bank. Our lending products include mortgages for landlords and loans for business customers.
We use our specialist expertise to help our customers achieve their ambitions.
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.
Continued delivery through strong financial and operational performance.
Sustainability is central to our long-term success and it influences every aspect of our business
Sharing the progress we made in 2023 on key environmental, social and governance issues
Keep up-to-date with the latest new releases and insights from across our business.
Landlord confidence levels buoyed by strong tenant demand, improving yields and stable arrears levels.
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.
Mentoring is one of a range of opportunities we offer to help you develop and progress in your career.
Paragon’s Mortgage division reveals another year of strong growth with an 8% increase in underlying profit before tax to £157 million for the twelve months ended 30 September 2018.
Demand for mortgage lending that extends into retirement is set to boom according to most mortgage intermediaries but further product enhancements are needed with mature customers wanting more choice.
Paragon is expanding its buy-to-let mortgage range to include mortgages for customers looking to finance holiday lets in the UK and expat landlords with rental property in the UK.
Almost 60% of all buy-to-let mortgage applications in Q3 2018 were for remortgaging rather than property purchase or portfolio expansion according to new research from buy-to-let lender Paragon.
Almost one third of landlords say they would be less likely to buy new rental property if the government were to introduce compulsory or default three-year tenancies.
The average market value of landlords’ investment property reached a record high of £1.70 million during the third quarter of 2018 according to research by UK buy-to-let mortgage lender, Paragon.
Landlords are picking up property in the East and West Midlands despite a drop in purchase activity in Central London and across the rest of the country.
Mortgage intermediaries forecast a stable outlook for buy-to-let business over the next 12 months for the first time since the 2015 Summer Budget.
Mortgage intermediaries are proactive in encouraging customers to review their options to secure a better deal when their mortgage term comes to an end.
Mortgage lending at Paragon grew 7% to £1,130 million in the nine months to 30 June 2018 according to the specialist lenders latest Q3 trading update.
Paragon Banking Group PLC is a specialist finance provider. We offer a range of savings and lending products in the UK through Paragon Bank PLC.