Paragon Development Finance has funded more than 900 development projects and financed over 16,000 new homes nationwide. Since Paragon’s acquisition of Titlestone Property Finance in 2018, the business has reached a lending milestone of £4bn. The development finance division has expanded in scale and geographic reach. Neal Moy (pictured), managing director of Paragon Development Finance, said: “This milestone is a reflection of the trust our customers, brokers and professional partners place in us, with more than half of new deals coming from repeat customers. Nigel Terrington, chief executive of Paragon Banking Group, said: “The development finance division has evolved significantly since joining the group in 2018, building a strong track record not only in residential development finance but across a growing range of specialist sectors.