Category: Business

Paragon Secured LoansParagon Secured Loans

Paragon secured loan  problems it is still one of the largest specialist mortgage lenders in the UK. It has been around since 1985 and is part of the FTSE 250 Paragon Banking Group. It is regulated by the Prudential Regulation Authority and the Financial Conduct Authority and backed by the FSCS. It has over 1.5 million customers and offers homeowner loans, unsecured loans, motor finance and savings.

The recent credit crunch has caused the wholesale markets to freeze which means that lenders no longer can raise money in order to fund lending to their clients, this is what happened to Northern Rock. However this hasn’t stopped Paragon who have decided to scale back lending instead focusing on their existing buy-to-let book and taking the income from these until they come to an end.

Securing Your Future with Paragon: Exploring the Benefits of Secured Loans for Your Financial Goals

Paragon has a large portfolio of products which include first and second charge mortgages. They also offer bridging and pre-planning finance as well as student accommodation development finance. They also provide finance for motor cars and LCVs through their network of car dealerships. In addition they have a range of mortgage and protection products available to advisers through their panel.

Fitch has reviewed the information relied upon by Paragon for its rating analysis and finds it to be adequate. The agency has also completed a limited review of the sample of loan level data provided by Paragon on properties taken into possession and sold, which it found to be consistent with the originator’s policies and practices.

Why Saving Money Doesn’t Actually Make You RichWhy Saving Money Doesn’t Actually Make You Rich

Why Saving Money Doesn’t Actually Make You Rich We all want to become rich. But if you’re living paycheck to paycheck, carrying debt or fighting with your partner over money, it’s probably not going to happen any time soon. The key to gaining control of your finances is taking the initiative to change unconscious spending habits. Start by tracking your spending using a pencil and paper, spreadsheet or a free mobile or online spending tracker.

Is it even worth saving money?

Once you’ve figured out how much you spend, decide what portion of your income will be devoted to savings and make it a priority in your budget. You might also consider reducing your expenses by eliminating subscriptions that you don’t use or aren’t reading anymore, such as magazines, streaming services and online memberships.

Once you’ve mastered the habit of saving, you can focus on increasing your income. This might mean negotiating a raise, getting a side hustle or creating streams of passive income. Increasing your income and putting the extra funds to work through smart investments can help you achieve your wealth goals faster.

Inflation will cause the value of your savings to depreciate over time. To avoid this, consider investing in index funds that will give you a return on the market without the risk of losing your original principal.

Lift Repairs – Why It’s Best to Leave Lift Repairs to the ExpertsLift Repairs – Why It’s Best to Leave Lift Repairs to the Experts

lift repairs

Getting stuck in a lift repairs is one of the most unpleasant situations any of us can imagine. Not only does it make people late for work, but it can also cause a lot of stress and anxiety. Especially for disabled or elderly people who have difficulty walking up stairs. That’s why it’s so important to keep lifts working as efficiently as possible by performing regular maintenance.

While there are some common repairs that a handy person can take care of, it is often best to leave any major maintenance tasks to professionals. Replacing critical components, such as hoist ropes and the drive system, requires specialised knowledge and skills. Attempting to perform these tasks without proper training can lead to further damage and safety hazards.

Common Lift Repairs Demystified: Know When to DIY or Call the Professionals

Another issue that is often overlooked is the condition of a lift shaft. If the lighting is poor or there are signs of rodent activity, it can lead to serious issues with the elevator. Keeping the lift shaft clean can help reduce these problems and improve safety conditions.

Keeping up to date with logs and maintaining accurate records of maintenance can also help businesses manage their lifts more effectively. This can allow them to identify any recurring problems and decide on preventative repair measures sooner rather than later. It can also allow them to find out whether certain parts need replacing or repairs more frequently than others. This can be a great way to reduce costs over time and increase the lifespan of the lifts.