Lodge Park has secured a £9.6 million finance facility from Paragon Bank’s Development Finance division for its St Edmund’s Place development in Buckinghamshire.

Ambassador Living has secured a £9.5 million finance facility from Paragon Bank’s Development Finance division for the completion of its Wallace Park project in Wallyford, East Lothian.

Greg Dunne has been appointed Relationship Director in Paragon Bank’s Development Finance division.

Elevate Property Group has secured an £11.9 million finance facility from Paragon Bank’s Development Finance division for the development of The Silk Yard, a 258-strong apartment scheme in Derby.

Chase New Homes has secured a £26 million finance package from Paragon Bank’s Development Finance division to support its 170-unit housing scheme in Saffron Walden, Essex. 

South West-based housebuilder 3West Group has secured a £12.5 million finance facility with Paragon Bank’s Development Finance division to support its new housing project in Exmouth, Devon.

Anvil Homes has secured a £4.2 million funding package from Paragon Development Finance to support its nine-home new build development in Hayton, Cumbria.

Paragon Bank’s Development Finance division recorded a 41% increase in advances during the first half of its financial year, reflecting strong demand from SME developers and housebuilders. 

East Midlands housebuilder Barry Howard Homes has secured a £6.5 million finance facility from Paragon Development Finance to support a 28 new build home scheme in Weedon, Northamptonshire.

Paragon Bank is continuing its support for residential development projects, providing a £18 million funding package to new client and property developer, Halsbury Homes