National Housing Bank to boost investment

The government has announced plans for a new National Housing Bank, aiming to stimulate private investment and support housebuilders. With an initial £16bn of public investment, the bank is expected to unlock over £53bn in private funding over the next decade, facilitating the construction of hundreds of thousands of homes. Chancellor Rachel Reeves stated that the bank will "unlock a wide range of sites," particularly those facing challenges in securing upfront lending. Homes England Chair Pat Ritchie said the initiative responds to demands from the housing sector for increased public and private finance. 

City Am (18/06/2025)   Daily Mail (18/06/2025)