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Thursday, May 20, 2010

Paragon - back into BTL lending

Paragon are finally back in the BTL lending game.

The BTL lender said that it was pushing ahead with plans to resume volume lending.

"A return to new lending is a key objective going forward," said chief executive Nigel Terrington. "It is our assessment that the economics of new lending, taking into account the higher funding costs and capital now required, appears feasible."

Read more in the Guardian

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