NatWest lends £140M to Futures Housing in Midlands affordable homes push
What's the deal? NatWest has provided £140m in debt financing to Futures HousingDealroom has a profile for this one. Try Dealroom → Group, part of a wider £300m package backing affordable housing across the Midlands. The deal was announced in October 2026, alongside a £160m facility for fellow provider AmpliusDealroom has a profile for this one. Try Dealroom →.
The breakdown: Futures Housing Group's refinance package comprises a £115m revolving credit facility and a £25m NatWest Social Loan. The money supports investment in new and existing homes across the East Midlands.
What's the endgame? The funding backs plans to build new homes, upgrade existing properties, and improve the sustainability of housing stock. "This funding strengthens our ability to invest in both new and existing homes, providing long-term certainty," said Raj Sharma, director of finance at Futures Housing Group.
Why now? Providers are balancing rising demand for affordable homes with the need to improve energy performance across their portfolios. The deal follows NatWest's recent support for Nottingham Community Housing Association.
By the numbers: The two packages together include £75m of NatWest Social Loan funding. Amplius' £160m deal adds a £50m Social Loan and a £35m retrofit facility, delivered through NatWest's partnership with the National Wealth FundDealroom has a profile for this one. Try Dealroom →.
The signal: The package is among the larger regional housing financing deals of its kind, and it fits NatWest's pledge to provide £10bn to UK social housing by the end of 2028. It also complements public subsidy: in August, Homes EnglandDealroom has a profile for this one. Try Dealroom → named four Midlands providers for a combined £1.21bn in grants to deliver nearly 10,000 homes. "The £300 million of funding provided to Futures Housing Group and Amplius demonstrates the scale of ambition across the sector," said Andrew Dexter, real estate finance director at NatWest.
Read more: eastmidlandsbusinesslink.co.uk
Image credit: Alex Pepperhill
