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Paragon Holds Firm as Stamp Duty Changes Hit Mortgage Lending

Summary by City AM
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…
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tickerreport.com broke the news in on Tuesday, July 29, 2025.
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