Lloyds Bank Commercial Banking has launched a £500m fund
for housing associations as part of its wider commitment to the housing sector.
The fund will provide financing to housing associations including longer-dated
debt with terms of up to 10 years. It will be available to the bank’s existing
group of almost 200 social housing clients in its Mid-Markets segment, each of
which own and manage over 1,000 units. This commitment is in addition to Lloyds
Bank’s £750m support for the UK’s social housing sector this year, part of a
wider pledge to provide £2.25bn of funding between 2018 and 2020. Read more on
24housing.
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Charges to go up by as much as 75% for widest vessels under five-year
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