Paragon Mortgages Limited -v- McEwan-Peters & Anr

Mr McEwan-Peters (RMP) ran a buy-to-let property portfolio personally, as well as through a number of different limited companies, such as RMP Properties (Leeds) Limited and RMP Properties (Headingly) Limited.  The businesses, as well as RMP’s personal portfolio were funded by Paragon Mortgages Limited (Paragon).  RMP gave guarantees to Paragon in respect of the loans to the RMP companies.

During 2007, the RMP businesses ran into difficulty and the portfolios fell into arrears.  Paragon called in the debts and sued RMP, Read more here ...