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We are a UK specialist bank. Our lending products include mortgages for landlords and loans for business customers.
We use our specialist expertise to help our customers achieve their ambitions.
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.
Strong performance and progression against strategy
Sustainability is central to our long-term success and it influences every aspect of our business
Sharing the progress we made in 2023 on key environmental, social and governance issues
Keep up-to-date with the latest new releases and insights from across our business.
Landlord confidence levels buoyed by strong tenant demand, improving yields and stable arrears levels.
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.
Mentoring is one of a range of opportunities we offer to help you develop and progress in your career.
Paragon Bank has re-launched two limited edition products for Houses in Multiple Occupation (HMOs) and multi-unit blocks.
CACI data analysed by Paragon Bank showed that easy access non-ISA savings have grown their market share consistently throughout the last year, and now account for a record 60% of total savings.
Cornwall-based Stephens + Stephens has secured a £16.6m funding package from Paragon to support its prestigious One Pentire scheme, a development of 74 luxury apartments in Fistral Bay, Newquay.
The average number of tenants in rent arrears is at its lowest level for ten years.
Nixon Blue has secured a £4.5million funding package from Paragon Development Finance to support the development of 34 new apartments overlooking Paisley's iconic Abbey.
Paragon Bank boosted rates available to savers in the cash ISA space by increasing the return offered across its one, three and five-year fixed rate ISAs.
New research from Paragon Bank revealed that 54% of UK SMEs have already either met or exceeded pre-pandemic turnover levels, with more than nine in ten feeling positive about their recovery.
The proportion of landlords reporting increasing tenant demand has hit the highest level since 2016.
Student accommodation provider Urbanite has secured a £6.3 million finance facility from Paragon Development Finance to support its 127-bed scheme in Sheffield.
Paragon Bank has launched two new entries to the easy access market as well as boosting the rate on its two-year fixed rate ISA.
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.