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Social Rented Housing: Repairs and Maintenance

Asked by Wendy ChamberlainLiberal DemocratTreasuryTabled Answered 8 September 2025UIN 71095

The question

To ask the Chancellor of the Exchequer, pursuant to the Answer of 22 July to Question 67982 on Social Rented Housing: Repairs and Maintenance, what the actual value is of financial guarantees issued to date by the National Wealth Fund to support social housing retrofit loans provided by (a) NatWest Group, (b) Barclays UK Corporate Bank, (c) Lloyds Banking Group and (d) The Housing Finance Corporation.

Answered by Lucy Rigby

The National Wealth Fund have agreed to guarantee up to £1.3 billion of loans provided by NatWest, Barclays, Lloyds and The Housing Finance Corporation to upgrade social housing. To date, Barclays have signed one deal worth £50 million, and Lloyds Banking Group has signed two deals worth £160 million in total.

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