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News releases

Watford Riverwell (Family Housing) LLP, a joint venture between Watford Borough Council and Kier Property, has secured a multi-million-pound funding package from Paragon for a major resi scheme.

Sterling Rose Homes has secured a £6.5 million funding package from Paragon to support the development of new apartments and commercial space on the site of a derelict pub in Norwood, South London.

Paragon recorded strong growth in its development finance lending volumes and new business pipeline during the first half of its financial year on the back of robust demand from SME housebuilders. 

Elevate Property Group has secured an £18.6 million funding package from Paragon Development Finance to support the second phase of its luxury Trent Bridge Quays waterside development in Nottingham.

Paragon’s new Rental Affordability Index reveals Copeland is the most affordable place to rent in England, with 14% of annual salary is spent on rent North West is most affordable region to ren ...

Paragon Development Finance has supported Chase New Homes with Phase 1 of its Broxbourne development in Hertfordshire, including the construction of a new state-of-the-art school and 53 luxury homes.

Foxley Group has secured an £8.5 million finance facility from Paragon Development Finance and Apollo Capital to support the acquisition and redevelopment of a Grade II-listed building in St Albans.

Greymoor Homes is developing 21 new homes in Wadhurst, East Sussex with the support of a £5.1 million funding package from Paragon Bank’s Development Finance division. 

Buckinghamshire-based residential developer Storey Homes has secured a £23.6 million funding facility for a new 109 home site at Houghton Regis, Bedfordshire.

Paragon’s Development Finance division has provided a £13.3 million development loan to Elevate Property Group to support the purchase and redevelopment of Priory House in Birmingham.