Lloyds Banking Group is to make £2 billion of lending available to first-time buyers, increasing the amount prospective homeowners can borrow to up to five and a half times their income. Rising house prices, cost of living, high interest rates and affordability challenges mean conditions
Lloyds Banking Group
Detached homes are the most popular among people moving home as buyers seek more privacy and space, according to the latest Lloyds Bank Home Mover Review.
Decommissioned data centres and former office sites belonging to Lloyds Banking Group are to be redeveloped into new social housing projects. The group announced today that it plans to identify suitable housing partners in the regions who will be responsible for redeveloping the sites to increase th
A financial model implemented by Lar Housing Trust is a proven blueprint to help tackle Scotland's current housing crisis, the charity has said. Launched in autumn 2015, Lar uses loan-based finance rather than traditional grant funding to provide affordable housing developments. The Scotland-wide or
Citra Living, part of Lloyds Banking Group, is to bring 87 new homes to the rental market in Edinburgh following its latest deal with Barratt Developments.
Lar Housing Trust has won praise from a major City figure for bringing derelict buildings back into use as affordable homes. Lloyds Banking Group chief executive, Charlie Nunn, was visiting Lar Housing Trust’s latest project in Glasgow, which is transforming an abandoned paint factory into 43
Paragon Bank’s Development Finance division has provided a £15.9 million funding package to PfP igloo and Housing Growth Partnership (HGP) for the development of 78 environmentally friendly townhouses in Glasgow.
Lloyds Banking Group and homelessness charity Crisis have joined forces in a new two-year partnership to help tackle the shortage of good quality, affordable homes in Great Britain, which is leaving hundreds of thousands of people trapped in homelessness.
Lloyds Banking Group is considering lending more to mortgage customers whose prospective homes are well-insulated, in an attempt to reflect how energy bills are an increasing burden on household finances.
Bank of Scotland owner Lloyds Banking Group has delivered £9 billion to the UK's social housing sector in three years. Since 2018, the bank has provided £9bn of funding to the UK’s social housing sector, outstripping its original £2.25bn funding commitment by £6.75bn ov
The Financial Conduct Authority (FCA) has fined Lloyds Bank, Bank of Scotland and The Mortgage Business a total of £64,046,800 for failures in relation to their handling of mortgage customers in payment difficulties or arrears.
Kingdom Housing Association has agreed a Revolving Credit Facility Agreement with Lloyds Bank during the coronavirus period after an open tender process run for Kingdom by ATFS.
Lloyds Banking Group has partnered with We Are Digital in a new initiative which has provided 2,000 digital tablets and vital support to 20,000 vulnerable customers facing difficulties during the coronavirus pandemic.