Paragon Development Finance has completed a £14.2 million facility with Feltham Properties to support the development of its new apartment scheme, Hartford Point, serving Burnham Station, Berkshire.

Paragon Bank has provided a £2 million finance package to Shropshire-based Textek to support the development of the UK’s leading mattress recycling plant.

The incidence of void periods has declined over the last 18 months, now reaching its lowest level for the last five years

Paragon Bank is expanding its range of buy-to-let mortgages by adding four limited-edition products and four switch products.

Horsnall Holdings has secured an £8.3 million finance facility with Paragon Development Finance to support its latest new build project in Loughborough.

Paragon Bank has strengthened its buy-to-let mortgage sales team with the appointment of Charlie London and Helen Mountain as Regional Sales Managers.

Paragon SME Lending has bolstered its dealer finance proposition within its Transport and Logistics business with the creation of a dedicated team.

The saving market spiked to a record £986 billion in October 2021 following a static period during Summer and early Autumn, with the average savings balance now standing at £12,431. 

Five remortgage products have been added to Paragon Bank’s range of buy-to-let mortgages.

Semi-detached houses have overtaken terraced homes as the preferred property type landlords plan to buy, reflecting growing tenant demand for larger homes.