One Vision Housing secures £180m NatWest deal to build 1,100 new affordable homes

One Vision Housing has secured a £180m deal with NatWest to help build 1,100 affordable homes and decarbonise existing properties across Liverpool, Cheshire and Lancashire.

The Bootle-headquartered housing provider, which currently owns and manages over 13,600 homes, is planning to build the additional homes by 2025.

One Vision Housing, which is part of The Sovini Group, said the finance package from NatWest will enable it to deliver more energy efficient homes for local people, through retrofit decarbonisation projects to existing properties.

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Ian Mitchell, Managing director of housing at The Sovini Group, said: "We are thrilled to have received this funding from NatWest, who share our vision of a better future for local communities.

"At the group we are driven by our mission to create opportunities and change lives, and this funding will enable hundreds of people take their first step onto the property ladder while providing hundreds more with affordable quality rental properties.

"We look forward to welcoming customers into their new homes and seeing them thrive within our communities for years to come."

Martin Skinner, relationship manager, real estate finance at NatWest, added: "NatWest is dedicated to supporting our customers, colleagues and communities in Merseyside and across the North West.

"The work that One Vision Housing is doing to create more affordable and sustainable homes across the region is of vital importance, helping communities to thrive and creating sustainable homes for the future.

"We look forward to continuing to work closely with the One Vision team to provide the support they need."

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