Paragon Bank confirms targets with business running ‘ahead of expectations’ Banking FTSE 250-listed Paragon Bank said new business levels were running “ahead of expectations” as the lender remained on track for its full year targets. Paragon, based in Solihull in the West Midlands, is a major provider of loans to professional landlords with at least four properties. It also lends to medium-sized housebuilders seeking loans up to £35m. [...]
Buy-to-let specialist Onesavings Bank sees uptick in lending after bruising 2023 Banking OneSavings Bank (OSB) has posted an uptick in lending and deposits for the first three months of this year as it looks to rebound from a bruising 2023.
Buy-to-let repossessions jump 56 per cent as higher interest rates bite property The buy-to-let market has been hammered by higher interest rates with lending plummeting and arrears rising, according to new data released by UK Finance.
Outlook for London tenants improves (slightly) as rents stabilise after period of rapid growth February 16, 2024 The rental market in London appears to have peaked, with price growth steady month on month, according to new government figures.