National Housing Bank — Lending alliances with banks and lenders
The Homes England company, National Housing Bank, partners with private sector lenders to increase the finance available for housebuilding in England.
Applies to England
The National Housing Bank partners with private sector lenders to increase the finance available for housebuilding in England. Our debt-focussed alliances help SME housebuilders deliver more homes that are better-quality, safer, and more energy efficient. Our funding also diversifies the lending market by unlocking private institutional investment through collaborative joint ventures.
Rather than replicate products that will compete with each other, we develop bespoke finance products with private partners that reflect the specific needs of SME developers.
Investment principles
We form alliances with lenders focussed on residential development in England.
What we look for in partners
We look for:
- strategic alignment with our objectives
- the ability to deploy funds effectively
- a strong track record
- how the proposed product complements our existing or planned lending alliances
How we invest
We typically invest £40 million or more, matched by at least the same from our lending partner.
For non-bank lenders, capital typically comes from a mix of their own equity, institutional capital or senior bank debt .
Our funding can sit anywhere in the capital stack: whether junior, super senior, or equal ranking with other lenders.
Each alliance is bespoke, typically structured as a participation agreement or loan to a special purpose vehicle.
Initial discussions focus on whether the proposed alliance meets our investment principles and agreeing on a lending product. The lending structure is then developed to ensure operational capability.
How to apply
Enquire about funding and support from the National Housing Bank.