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  • About us

    Founded in 1985, the FTSE 250 Paragon Group of Companies is a specialist provider of finance for people. We have three core businesses - Paragon Mortgages, Idem Capital and Paragon Bank.

Key facts


We have almost 1,300 employees

customer accounts serviced

Over 1.5 million customer accounts serviced

FTSE 250

A FTSE 250 listed company

customer accounts

Over 490,000 customer accounts

Business lines

Paragon Mortgages

Working with the Private Rented Sector, we provide buy-to-let mortgages to landlords.

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Idem Capital

With 25 years' experience, we purchase and service a variety of loan assets.

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Paragon Bank

A British bank offering savings, car finance, second mortgages, development finance and asset finance.

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Company history

Company history


Paragon continued to diversify its lending and savings products.

Whilst buy-to-let mortgages were again the mainstay of new lending, new product categories comprised almost 30% of total advances.

Paragon Bank launched ISAs and retail savings deposits reached £1,873.9 million.


During the year the Group completed its 62nd securitisation deal PM24.

In the summer the Group launched its third retail bond to the market raising £112.5 million.

The Group successfully completed the acquisition of Five Arrows Leasing Group from Rothschild & Co for £117.0 million.


On 18 February the Group launched its banking subsidiary, Paragon Bank

Annual results for the year showed Paragon Mortgages recorded an 82% increase in lending

During November the Group completed its 59th securitisation deal - PM21

Record pre-tax profits reported of £122.2 million


Idem Capital completed its ninth acquisition, a portfolio of unsecured consumer loans worth £13.5 million from HSBC

The Group launched its first retail bond, raising £60 million


The Group announced the signing of a new £200 million warehouse facility, provided by Lloyds Bank, and the renewal of the existing warehouse with Macquarie


The Group completed its first securitisation since 2007 and the first UK post-credit crunch transaction consisting exclusively of buy-to-let assets

Idem Capital acquired six loan portfolios, either directly or co-invested, with a total investment of £89.5 million


The Group announced a return to new lending with a range of fixed and tracker rate buy-to-let products


The Group successfully managed its £9.3 billion portfolio of assets in difficult market conditions, producing an arrears performance significantly better than the industry average


The Group successfully completed a Rights Issue – with no corporate debt to repay until 2017

The Group recorded underlying profits of £66.9 million


Non-executive director Bob Dench replaced Jon Perry as Chairman in February


The Group expanded its market share of the buy-to-let market from 8% to 10% and recorded profits of £82.8 million and assets under management of £8.4 billion


The Group completed the acquisition of Britannic Money, which is rebranded Mortgage Trust, consolidating its position in the buy-to-let market


The Group expanded its activities in the consumer finance market with the acquisition of Universal Credit from Lloyds TSB for £25 million


Paragon was awarded the Investors in People accreditation


The Group launched its first buy-to-let product

Nigel Terrington appointed as Chief Executive


Paragon Group was founded