Paragon Holds Firm as Stamp Duty Changes Hit Mortgage Lending
5 Articles
5 Articles
Paragon mortgage lending edges higher, lowers guidance – Mortgage Strategy
Paragon lifted mortgage lending “marginally” to £1.1bn in the nine months to June from a year ago, but lowered its guidance for the rest of 2025. The landlord lender said that earlier 2025 completions “reflected the stamp duty disruption on the opening pipeline”. The landlord lender said that a stronger buy-to-let
Paragon holds firm as stamp duty changes hit mortgage lending
Paragon has weathered a shakeup in stamp duty as analysts hailed the FTSE 250 bank’s “excellent momentum” in the first nine months of the financial year. The London-listed business recorded £1.1bn mortgage lending for the first three quarters, but estimated full-year volumes at the lower end of targets at £1.6bn. The firm said subdued activity in the market reflected “the stamp duty disruption” after Chancellor Rachel Reeves reduced the thresho…
Paragon Banking Group (LON:PAG) Trading Down 9.3% – Should You Sell?
Shares of Paragon Banking Group PLC (LON:PAG – Get Free Report) dropped 9.3% during mid-day trading on Tuesday . The stock traded as low as GBX 840 ($11.22) and last traded at GBX 863 ($11.53). Approximately 1,600,280 shares traded hands during trading, an increase of 128% from the average daily volume of 701,692 shares. The […]
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