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News releases

Nixon Blue has secured a £4.5million funding package from Paragon Development Finance to support the development of 34 new apartments overlooking Paisley's iconic Abbey.

Paragon Bank boosted rates available to savers in the cash ISA space by increasing the return offered across its one, three and five-year fixed rate ISAs.

New research from Paragon Bank  revealed that 54% of UK SMEs have already either met or exceeded pre-pandemic turnover levels, with more than nine in ten feeling positive about their recovery.

The proportion of landlords reporting increasing tenant demand has hit the highest level since 2016. 

Student accommodation provider Urbanite has secured a £6.3 million finance facility from Paragon Development Finance to support its 127-bed scheme in Sheffield. 

Paragon Bank has launched two new entries to the easy access market as well as boosting the rate on its two-year fixed rate ISA. 

Mortgage intermediaries have indicated they will retain many of the changes to ways of working implemented as a result of the pandemic even as restrictions ease, Paragon Bank research has found.

The proportion of mortgage intermediaries expecting to see an increase in buy-to-let business over the next 12 months grew in the second quarter of the year, Paragon Bank research shows.

The opening of an Amazon Fulfilment Centre has a positive impact on house prices, business creation, jobs, new build home sales and the private rented sector.  

Paragon Development Finance has today announced it has hit the £1.5 billion lending milestone in the three years since its acquisition of the Titlestone Property Finance business.