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Wednesday, July 31, 2013

Paragon set to return to landlord lending

Paragon are set to return to consumer lending after the BTL lender finished lending direct to landlords following the credit crunch.

Paragon's Chief Executive Nigel Terrington said: “The group is continuing to prepare for a return to new consumer finance lending, which is likely to be undertaken within a banking subsidiary. Further information on the progress of this business line will be provided in due course.

Read more in FT Advisor

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