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We are a UK specialist bank. Our lending products include mortgages for landlords and loans for business customers.
Our purpose is to support the ambitions of the people and businesses of the UK by delivering specialist financial services.
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.
Continued strong momentum as Paragon concludes its busiest quarter for lending advances in over a decade.
Sustainability is central to our long-term success and it influences every aspect of our business
We are celebrating Black History Month throughout October to highlight the importance of diversity in our workplace.
Keep up-to-date with the latest new releases and insights from across our business.
From what students look for to where landlords can find the best yields, our latest report looks in depth at the privately rented student market.
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.
We're looking for qualified surveyors to come and join our team.
Our business is organised into three lending divisions, Mortgage Lending, Commercial Lending and Idem Capital. Funding comes from a range of different sources, with the majority of new lending funded by savings deposits.
Paragon’s principal source of funding for new lending is our range of savings products offered to UK households. Other funding for lending is derived from the efficient use of the Bank of England funding schemes, while securitisation continues to fund much of the historic mortgage book and is used tactically. Central funding is provided through corporate and retail bonds.
Paragon Bank offers a range of safe, simple and transparent Easy Access, ISA, Notice and Fixed Term savings accounts. Our regular survey of new savings customers demonstrates a high level of satisfaction with our products and our online application process.
Online distribution has been augmented by the addition of digital banking and wealth management platform relationships.
192,000+savings accounts(31 March 2021)
£30,000held in each account(31 March 2021)
4.3/5Feefo service rating(28 May 2021)
Paragon Banking Group PLC is a specialist finance provider. We offer a range of savings and lending products in the UK through Paragon Bank PLC.