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£140m in funding to invest in warm, safe, affordable homes
Investing in our tenants’ homes and supporting local housing need is at the heart of our corporate strategy – Delivering #Twogether 2024-2027.
That’s why we’ve been working with our funding advisors Centrus Financial, valuers Jones Lang Lasalle and legal advisers Trowers & Hamlins to secure £140m in funding to support our ambitious plans. The deal secured £90m from Santander and a further £50m in a revolving credit facility with Barclays Corporate Banking.
Delivering great quality affordable homes has never been more important. The new funding arrangements will help us continue to invest in our tenants’ homes and support local housing need by building more affordable homes in the areas we serve.
We’d like to thank our specialist advisors Centrus Financial, Jones Lang Lasalle and Trowers & Hamilins for support their expert support and guidance throughout the process and our funding partners Barclays Corporate Bank and Santander for their continued support.
#Twogether we can help ensure that everyone has a warm, safe, affordable home.
