MORhomes is a bold new initiative to set up a borrowing vehicle for the social housing sector. Over 60 major borrowing housing associations have come together to set up a brand-new PLC, whose public debt is traded on the London Stock Exchange. As a business MORhomes raise finance on the bond markets and lend it on to housing associations. Their first issue of £250m was completed in February 2019 and have now issued and on-lent almost £350m.
If you'd like to be introduced to the team at MORhomes, get in touch.
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