Paragon Group has made its much-anticipated return to new lending with a buy-to-let mortgage range targeting professional landlords.

The company will lend through its Paragon Mortgages brand and is to start lending with immediate effect through a panel of buy-to-let brokers.

Paragon will expand its distribution over the next few weeks, and will accept both intermediary and direct business.

Macquarie Bank is providing a £200m revolving credit facility to bankroll Paragon’s return to lending, marking the first buy-to-let mortgages the company has offered since February 2008.

The credit

LATE SUMMER SALE ACHIEVES EXCELLENT RESULT IN TOUGHENING MARKET

Clive Emson's latest triple auction event once again proved a very popular affair. Prospective bidders know that those Lots catalogued are not put to the market to test their popularity but are entered into the catalogue by Clients motivated to sell.

Much of the media seem intent to drive the economy downward with their insatiable appetite to report on the economic downturn which, Clive Emson believe, is sub-consciously placing doubts in all of us about the future and, in particular, values of land and property.

Thank

Grow Weed-less

Don’t make the mistake of waiting until the weeds are established before taking action. If that’s your strategy then you’re bound to spend wasted hours of pulling and hoeing in a vain attempt to catch up with overgrown weeds.

Know thy enemy! Being able to identify your weeds from the moment they germinate will enable you to eliminate them when they are young and easier to control. At that time a light cultivation of the soil’s crust is sufficient to kill most sprouting weeds.

Other weed control techniques include using organic mulches, limiting or eliminating tilling

One of the largest commercial properties ever offered in Cheffins’ Property Auction sold in the region of its guide price of £1.5 - £1.6 million. The property, New Cambridge House, is a 38,579 sq ft office building in Litlington. Although it was unsold in the auction, a sale was agreed immediately afterwards.

Auctioneer Simon Gooderham says: “It was a landmark in the development of our quarterly property auction and we were delighted to work as joint agents with Jeffersons to conclude a successful sale of this property on a post-auction contract. We are attracting an increasing number of