Paragon SME Lending has bolstered its dealer finance proposition within its Transport and Logistics business with the creation of a dedicated team.

The saving market spiked to a record £986 billion in October 2021 following a static period during Summer and early Autumn, with the average savings balance now standing at £12,431. 

Five remortgage products have been added to Paragon Bank’s range of buy-to-let mortgages.

Semi-detached houses have overtaken terraced homes as the preferred property type landlords plan to buy, reflecting growing tenant demand for larger homes. 

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.