Paragon Bank has provided a £3.3 million funding package to property developer Antler Homes to fund the development of 13 new-build homes in West End, Surrey.

Paragon Bank has increased interest rates across its range of fixed rate saving accounts, including its ISAs and fixed rate bond products. 

Landlords are reporting that tenants are prioritising properties with gardens and space to work when looking for their next rented home, Paragon Bank research has revealed. 

Paragon has provided a £500,000 Coronavirus Business Interruption Loan (CBILS) to Norfolk based plant hire firm, Newall Plant Ltd, continuing its support for UK firms impacted by coronavirus. 

British savers have put a record amount of money aside during May 2020 as the Covid-19 lockdown entered its fourth month, but nearly 40% of easy access balances are earning a rate of 0.1% or less. 

Landlords raising capital contributed to an increase in the level of buy-to-let remortgage business in the second quarter of the year, research carried out by Paragon Bank has revealed. 

Paragon Bank has provided a £4.6 million funding package to residential property developer Archway Developments to support the development of The Lakes, fourteen executive homes in Northampton.

Paragon Bank has urged savers to ensure they are making the most of tax-free savings as figures show that the number of ISA openings has halved this year.

Paragon Bank has continued its support for UK companies impacted by coronavirus, providing a £135,000 CBILS loan to Powys-based technical moulding and manufacturing business, Hadley Hargreaves.

Paragon Bank has provided a £24.3 million funding package to property developer Aitch Group to fund the completion of Empress Works, a mixed-used development in Bethnal Green, London.