Paragon Bank has grown its BTL loan book to £13.9bn, according to its full year results to 30th September 2025.
This reflects growth of 3.4% from the same point in 2024, but 1% lower than the growth recorded in the year before.
Reduced application to offer times and cases moving through the pipeline more efficiently resulted in a lower BTL mortgages pipeline at £821m compared to the previous year, although this was up from £662m at the half-year point at the end of March.
Overall lending across Paragon Banking Group stood at £2.68bn, with commercial lending operations – including SME lending and development finance – contributing £1.19bn.
The group’s net loan book grew 4% to £16.3 billion and operating profit increased by 0.4% to £294m.
“This is a strong set of results in challenging market conditions, and we are pleased to have supported thousands of landlords to provide much-needed new homes in the private rented sector,” said Louisa Sedgwick, managing director of mortgages at Paragon Bank (pictured above).
