Bromford Flagship has finalised a new £50 million social loan with NatWest as it continues to focus on the development of new homes for social rent.

Bromford Flagship’s new £50 million secured facility is a key part of its funding portfolio. This loan funds the development of over 470 new homes for social rent and forms part of NatWest’s targeted support for UK social housing following the announcement last year of its ambition to provide £7.5 billion of lending to the sector before the end of 2026.

All homes funded by the social loan are required to be built to a minimum energy performance rating of EPC B. As at 30 September 2025, 81% of Bromford Flagship’s homes were rated EPC C or above and the group continues to retrofit its existing homes, targeting investment to improve energy performance, reduce carbon emissions and deliver warmer, more affordable homes for its customers.

Chief Finance Officer, Paul Walsh said: “NatWest has been a key strategic funding partner of ours for several years and this deal underlines the strength of their long-term support for us and our sector. The social aspects of this loan clearly demonstrate the alignment of our organisations’ values and strategic objectives. This type of innovative funding structure helps us to deliver much-needed new homes for social rent, the most affordable tenure, whilst continuing to invest heavily in our existing homes and deliver high quality services to customers. As we develop our place-based working model, we will continue to look for opportunities to innovate and lead the sector with the ongoing support of our key funding partners.”

Paul Eyre, Head of Residential and Housing Finance, said: “NatWest’s dedicated social loan fund is designed to accelerate the delivery of homes for social rent across the UK, and this agreement with Bromford Flagship is a great example of that commitment. It forms part of our strategic ambition to provide £7.5 billion of lending to the social housing sector by the end of 2026. We’re proud to support Bromford Flagship’s drive to build urgently needed, affordable, and energy efficient social rent homes to help address the housing crisis while also delivering wide reaching benefits for local for communities. Partnerships like this demonstrate how targeted funding can make a real difference where it matters most.”

Bromford Flagship is one of the country’s leading developers of social housing, and is committed to delivering 2,000 new homes per year, 50% at social rent.

This funding deal completed alongside another bank transaction and follows Bromford Flagship’s debut £300 million bond in July 2025 which was used to reorganise the group’s financing and remove any historic restrictions. This allowed Bromford Flagship to unlock c£1.9billion of additional capacity to enable the delivery of even more new affordable homes alongside continued investment in existing homes.

On 2 October 2025 Bromford Flagship announced its intention to form a combined business with LiveWest with the potential to unlock a further £1.5 billion of additional investment capacity. The combined organisation will aim to utilise this capacity to deliver 50,000 new homes over the next 15 years.

Legal advice was provided by Devonshires Solicitors acting on behalf of Bromford Flagship and Addleshaw Goddard LLP acting on behalf of NatWest.