Tenant demand reached a five-year high during the final quarter of 2020, research conducted on behalf of Paragon Bank has revealed. 

Paragon Bank has provided a £4 million funding package to London-based developer Farleigh to fund the development of Mulberry House, 25 new homes in Dorking, Surrey.

Paragon Bank has announced the launch of four green further advance products to support landlords in improving the energy performance of their properties.

A survey by Paragon Bank found that topping up ‘rainy day’ funds and booking a holiday are two leading financial priorities for savers this year. 

Nearly seven out of 10 landlords will continue to target property in urban areas for their next portfolio purchase, Paragon Bank research has found. 

Paragon has provided Acorn Property Group with a £4.9 million loan to support the acquisition of a site in Padstow town centre and its development into ten luxury apartments.

One in three gifted more cash to loved ones last Christmas than they did the year before, despite 40% scaling back overall Christmas spending. 

Mortgage brokers have become more resilient to the impact of coronavirus on their businesses as the Covid-19 pandemic has progressed, Paragon Bank research has found.

Paragon Bank’s Construction Finance team has strengthened its regional presence with the appointment of Business Development Managers, Chris Shaw and Kelly Matthews.

Paragon Bank continued to grow its Development Finance Team during 2020, whilst also increasing both its lending to SME housebuilders and its net loan book.