We are a UK specialist bank. Our lending products include mortgages for landlords and loans for business customers.

Factsheet

See an overview of our operations, strategy and performance highlights over the last five years.

Our strategy is to build a specialist bank for our customers, which delivers sustainable growth and shareholder returns through a low risk and robust model.

Overview

2019 Annual Report and Accounts

Read about our progress against our strategy and achievements throughout the year in our 2019 Annual Report and Accounts.

Download

Sustainability

Sustainability is central to our long-term success and it influences every aspect of our business

Overview

Covid-19 response

Find out how we’ve been helping customers, keeping safe and supporting our communities.

News

Keep up-to-date with the latest new releases and insights from across our business.

Overview

The UK Tenant Report 2020

Millions of people call the Private Rented Sector home, but who are these tenants, why do they rent and how long do they intend to rent a home for?

Careers

We understand how important our employees are to the business and, in recognition of this, we provide a variety of excellent reasons to work for us.

Overview

Meet Alex Harris

"The placement year has given me experience to complement my academic studies and the opportunity to test my skills in the real world."

Supporting communities

We aim to be an energetic and valuable contributor to the communities in which we operate. Our commitment includes active involvement in a range of community volunteering and charity partnerships.

£100,000

charitable donation during the Covid-19 pandemic

£28,000

raised for Dementia UK, the 2019 employee Charity of the Year

116

Christmas hampers provided to families in need

Employee Volunteer Scheme

Through our community volunteer scheme, every Paragon employee can take a day out each year to volunteer for specific initiatives that help with education and tackle poverty.

We focus our efforts on supporting projects which:

educate school pupils to avoid them getting into poverty
support individuals currently experiencing poverty
help individuals to get out of poverty and back into work

We work alongside Business in The Community to target schemes in need of assistance.

Volunteer Scheme Partners

Our employee volunteer scheme has helped us to build links with a wide range of organisations.

Reading Partners

Reading Partners helps children in under-resourced schools who struggle with reading. Volunteers provide hour-long tutoring sessions to students, following a structured, evidence-based curriculum developed with an expert teams of curriculum advisors.

SIFA Fireside

SIFA Fireside is a specialist centre in Birmingham, which provides regular meals, clothing and medical assistance to homeless people. Volunteers help with catering and other support tasks.

Ready for Work

Ready for Work and Life Ready are Business in The Community initiatives operating across the UK. They support some of society’s most disadvantaged people back into employment. Volunteers help participants develop their CVs, improve their interview skills and build their financial awareness.

Local schools

Secondary schools

We foster strong links with local schools, joining in a range of careers days and helping students with CV writing and interview schools. In Solihull, we regularly work with:

St Peter’s School
Alderbrook School
Tudor Grange Academy
Solihull Sixth Form

Stanville Primary School

Paragon volunteers helped Stanville Primary School in Sheldon to spruce up their Early Years playground, refreshing flowerbeds, a pergola and a playhouse for children aged 4-6.

Charity of the Year

Each year, our employees select a charity for a fundraising focus. Our chosen charity for 2020 is Macmillan Cancer Support and employees have set themselves an ambitious target to raise £30,000. Our vibrant Charity Committee co-ordinates a range of activities to encourage donations.

Move for Macmillan

A total of 67 employees from 13 different departments clocked up over 10,000 km during lockdown in their daily exercise time, attracting significant sponsorship from colleagues, friends and family.

Paragon’s biggest coffee morning

A wide range of virtual get-togethers and fundraising challenges delivered an impressive contribution to Macmillan’s annual, Coffee Morning event.

In 2019, employees raised £28,000 for Dementia UK and, in 2018, they raised £15,000 for Solihull Mind and Birmingham Children’s Hospital.

Financial services and local community charities

Paragon, like many other financial services organisations, contributes to the Foundation for Credit Counselling which operates the StepChange Debt Charity. In 2019, we made a contribution of £1,522,000.

We also contribute to local charities throughout the year by way of single donations. In 2019, these contributions totalled £24,200. Our main objective is to support children’s and local charities and in 2019, we helped a range of charities including:

Kids Cancer Charity
3H Fund - Helping Hands for Holidays
Lupus UK
Multiple Sclerosis Society
Soroptimist International Solihull and District
Kids in Action
Super Hero Sport Foundation

Christmas hampers for CAP clients

In 2019, employees filled 116 hampers with food and gifts on behalf of the debt counselling charity, Christians Against Poverty. The hampers were then delivered to families in the West Midlands area dealing with debt and in need of some extra care at Christmas.