Buy-to-let mortgage lender Paragon is surprise contender to buy Northern Rock | Mail Online
The buy-to-let mortgage lender Paragon has emerged as a surprise contender to buy nationalised bank Northern Rock.
Paragon has requested information about the sale of Northern Rock, according to The Sunday Times, in a move that could see competition to buy the taxpayer-owned bank intensify.
Chancellor George Osborne announced the sale in his Mansion House speech last month, saying it was time for taxpayers to start getting some of their money back following the bank bailouts.
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