NatWest launches £250m fund to unlock affordable homes
The fund supports housing associations to acquire Section 106 affordable homes from housebuilders, doubling existing Homes England funding.
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In short: NatWest reported a £2.0 billion first-quarter profit, acquired Evelyn Partners for $3.7 billion, and committed £20 billion to growth in the North.
The fund supports housing associations to acquire Section 106 affordable homes from housebuilders, doubling existing Homes England funding.
The bank will modernize branches, expand mobile stops, and close nine branches as final closures.
Loans range from £250,000 to £10 million; lending up to 50% of IP value, valued by Inngot and enabled by Scotland’s Moveable Transactions Act.
Abib Bocresion, currently CRO for NatWest Markets, will take up the role on 1 July, subject to regulatory approval.
An announcement from NatWest Group ( (GB:NWG) ) is now available.
A year ago this week, the UK government sold its remaining shares in NatWest, formerly Royal Bank of Scotland (RBS), stemming from the £45.5 billion...
On Monday, NatWest Group NWG disclosed the acquisition of Evelyn Partners for an enterprise value of 2.7 billion pounds (around $3.7 billion). This strategic move...
The UK banks which will now gain access to OpenAI's GPT 5.5 Cyber include Lloyds Banking Group, HSBC...
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