We receive £88m boost to build more affordable homes
We are delighted to reveal we have secured an £88 million finance package with Lloyds Banking Group, enabling us to build safer and more affordable homes in our communities.
The finance package will help us continue our work maintaining our 6,500 high‑quality homes, developing new homes, and supporting neighbourhood projects.
Jan Griffiths, Resources Director at Trent & Dove, said:
“This investment demonstrates Trent & Dove’s long‑term commitment not only to building new, high‑quality homes, but also to looking after the homes we already provide.
“Alongside delivering much‑needed new development, we remain focused on maintaining safe, well‑kept homes and continuing to deliver the community support that makes a real difference to our customers.”
Supporting long-term housing delivery
The new finance package includes:
· £58 million package from Scottish Widows, part of Lloyds Banking Group, which combines existing debt with new funding and extends the term, giving us more certainty and greater financial flexibility for future planning and development.
· £30 million Revolving Credit Facility, providing ongoing flexibility to help us manage liquidity and support operational needs.
Shona Brown, Associate Director - Loan Investments at Scottish Widows, said:
“Trent & Dove is a trusted and important housing provider for thousands of people in the UK. We are pleased to support its long-term plans to improve homes, strengthen neighbourhoods and deliver the services that matter most to residents.”
Since 2018, Lloyds Banking has supported over £22 billion in new finance to the social housing sector through commercial lending and deal facilitation, including £3.2 billion in 2025 alone.