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News releases

Richard Rowntree, Managing Director of Mortgages at Paragon Bank, comments on the Household Finance Review.

Richard Rowntree, Managing Director for Mortgages at Paragon Bank, reacts to the 2021 budget announcement and discusses the potential impact on the private rented sector

Paragon Bank has announced that it is adding two new five-year fixed rate mortgages to its portfolio product range.

Paragon Bank has increased the interest rates across its one, two, three and five year fixed rate bonds in order to offer more choice for savers looking for competitive fixed rate options.

The growth of online retail has driven a significant increase in the number of companies in the Transportation and Storage sector since 2013, Paragon Bank analysis has revealed. 

Paragon Bank research shows flexibility and quality of the relationship are the key drivers of satisfaction with an invoice finance provider for both SMEs and introducers.

Paragon Bank has urged savers not to miss out on building tax free savings through ISAs, as industry data shows ISA category growth is 36 times slower than the non-interest bearing market 

Paragon Bank has enhanced its portfolio product range with the launch of two remortgage only products.

Paragon Development Finance is launching a new product for loans between £400,000 to £1 million, further strengthening its support of UK SME developers.

The average easy access non-ISA balance has increased 10% year-on-year, from £9,995 to £10,989, as the easy access market continues its upward trajectory.