Edition:
United States

Paragon Group of Companies Plc (PARA.L)

PARA.L on London Stock Exchange

273.50GBp
22 Jul 2016
Change (% chg)

-1.30p (-0.47%)
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Wed, Jan 27 2016

UK lender Paragon sees regulatory changes slowing buy-to-let growth

Jan 27 Paragon Group of Companies Plc said recent fiscal and regulatory changes and proposals may soften the rate of growth for buy-to-let as time progresses, but demand for rental properties would remain strong.

BRIEF-UK lender Paragon Group posts higher pretax profit

* Underlying operating profits (before fair value items and acquisition related costs) of £35.2 million were 13.9 pct higher than £30.9 million reported for corresponding period in previous year

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