Examples of Paragon Banking Group in a sentence
The condensed financial statements are prepared for Paragon Banking Group PLC (‘the Company’) and its subsidiary companies (together ‘the Group’) on a consolidated basis.The condensed financial statements for the six months ended 31 March 2023 and for the six months ended 31 March 2022 have not been audited, as defined in section 434 of the Companies Act 2006.The figures shown above for the year ended 30 September 2022 and the year ended 30 September 2021 are not statutory accounts.
The condensed financial statements are prepared for Paragon Banking Group PLC and itssubsidiary companies (‘the Group’) on a consolidated basis.The condensed financial statements for the six months ended 31 March 2019 and for the six months ended 31 March 2018 and the balance sheet information as at 1 October 2018 have not been audited, as defined in section 434 of the Companies Act 2006.The figures shown above for the years ended 30 September 2018 and 30 September 2017 are not statutory accounts.
Where aggregate lending with Paragon Banking Group is in excess of £2,000, 000.
The trend in favour of longer‐term fixed interest rates has also continued, both in the Paragon Banking Group Companies' lending and in the wider market and has also impacted on remortgage levels as product maturity terms increase.
The smallest and largest group into which the Company is consolidated in is Paragon Banking Group PLC.Copies of the Group's financial statements are available from that company's registered office at 51 Homer Road, Solihull, West Midlands, B91 3QJ.
Whilst COVID‐19 restrictions meant that on‐site property valuations could not be conducted, the Paragon Banking Group Companies developed an enhanced desktop valuation process and introduced products with stricter than normal loan‐to‐value limits.
As part of the underwriting process, the Paragon Banking Group assesses the applicants' tax status, which determines the appropriate interest coverage ratio for the relevant property type (for further details, please refer to the Lending Guidelines).
Copies of this announcement can be obtained from the Company Secretary, Paragon Banking Group PLC at 51 Homer Road, Solihull, West Midlands, B91 3QJ and on the Group’s website at www.paragonbankinggroup.co.uk.
Specialist landlords form the largest part of the Paragon Banking Group Companies' target market.
On July 6, 2005, the Company completed a $320,000,000 mortgage financing on the retail space.