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Paragon considers development finance lender acquisition

Group confirms Titlestone interest

by Kevin Rose
9 May 2018
0
Paragon appoints new non-exec
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Paragon Banking Group has responded to speculation around a possible acquisition of Titlestone, the residential development finance lender.

In a statement to the stock exchange, Paragon said the purchase of loan books and bolt-on businesses represents a core part of Paragon’s growth and diversification strategy.

Paragon confirmed that it is in the early stages of considering a possible acquisition of Titlestone but that there is no certainty of an agreement being reached nor as to the terms of such agreement.

The group said a further update will be provided as appropriate.

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© 2018 Trek Publishing Limited. Website design by Bedazzled Media Limited.
Company Number 11335497. Registered Office: Butterick Building Unit K, 38 New Lane, Havant, P09 2ND

No Result
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  • MORTGAGES
    • Mortgage type
      • Discount mortgages
      • Fixed rates
      • Fee-free
      • Interest-only
      • Offset
      • Remortgages
      • Trackers
      • Variable rates
    • Conveyancing
    • First time buyers
    • Help to Buy
    • New build
    • Overseas
    • Regulation
    • Self build
    • Shared ownership
  • BRIDGING
  • BTL
    • Consumer BTL
    • HMOs
    • Limited Company BTL
  • COMMERCIAL
    • Asset finance
    • Auction finance
    • Commercial mortgages
    • Development finance
    • Invoice finance
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      • Critical illness
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  • LOANS
  • RETIREMENT
    • Equity release
      • Lifetime mortages
      • Drawdown
    • Lending into retirement
    • Pensions
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© 2018 Trek Publishing Limited. Website design by Bedazzled Media Limited.
Company Number 11335497. Registered Office: Butterick Building Unit K, 38 New Lane, Havant, P09 2ND

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