Paragon Bank's Structured Lending division has provided £30 million funding across three separate deals, marking a significant month for the team.

Paragon Bank has reduced rates on its core range of buy-to-let mortgages, taking 15bps off 10 products, in addition to launching six new five-year fixed rate mortgages with nil fee and 5% fee options.

Over £850 billion of cash held in adult savings accounts is now growing in real terms after the rate of inflation fell in June, Paragon Bank analysis of industry data has revealed.