Yorkshire landlord agrees £30m retrofit loan with major lender

Neil Warren, executive director of resources at WDH, said: “Supporting our customers to live in safe, warm homes is our number one priority. This funding is going to help us to do that for even more people.

“Our customers face increasing financial pressures so anything we can do to support them to reduce their bills through the use of energy-efficient solutions, while working toward our carbon-reduction targets and maintaining high-quality assets, is fantastic.”

NatWest said the three-part pilot phase for the HGRL has now been completed and it is currently looking at how the programme can be scaled up across the sector.

David Horne, relationship director – real estate finance at NatWest, said: “We recognise that we have an important role to play in supporting social housing providers like WDH with the specialist funding they need to deliver on their green priorities while creating new affordable housing.

“It’s clear that WDH are committed to improving their housing stock by making properties sustainable in the long term while meeting the housing needs of their tenants, and we are delighted to play our part in helping them realise their ambitions.”

In March 2024, NatWest pledged to provide £5bn to the UK social housing sector by the end of 2026.

The Royal Bank of Scotland, which is part of NatWest Group, recently announced it had agreed an £18.7m deal with Scottish Borders-based Eildon Housing Association.