Paragon has utilised broker feedback to further improve functionality during the pilot phase.

Product switch rates have reduced by up to 0.46%.

The broker sales team is now comprised of three regional teams.

Rates now start from 3.34% the Bank's lowest in almost three years.

The bespoke platform has been developed collaboratively with brokers.

The range features a variety of fee options, including 3%, nil and £3,995.

Rates now start from 3.64%.

The new few five-year fixed rates have 5%, 3% and no fee options.

Paragon Bank has promoted four key members of its mortgage sales team to newly created roles, further strengthening relationships with intermediary partners.