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News releases

Paragon’s Commercial Lending division reports strong volume and profit growth in full year results, demonstrating commitment to improving access to funding for British SMEs.

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 Bank has won SME Specialist of the Year for its work supporting SMEs in the UK including business in construction, business finance, invoice finance and commercial vehicle finance industries.

Paragon has appointed Anup Sangha as the new Head of Credit Management for its award-winning asset finance business to oversee credit decisions at the leading specialist lender.

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.

Commercial vehicle apprenticeships are on offer at Specialist Fleet Services (SFS), part of Paragon Bank, giving apprentices the chance to gain a NVQ Level 3 in Heavy Vehicle Mechanics.

Paragon’s award-winning savings division today announces an interest rate rise on their Two Year Fixed Rate ISA, increasing to a market leading 1.82%.

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.

Paragon has appointed a new National Sales Manager for Motor Finance. Read more about Geoff Duncalf.