This is a fantastic deal for Trafford Housing Trust which breaks new ground. It's a great example of creating a 'flexible' deal where connection and collaboration are essential elements to the mix. The deal will help fuel the trusts ambitious home-building plans.
A 50/50 JV with L&Q (one of the country’s largest housing associations) has enabled these plans to take shape. These are indeed exciting times, it will be great to watch what will surely be successful times for the trust.
Trafford Housing Trust has completed a £275m refinancing deal which breaks new ground in the housing association sector. The new funding for the 9,000-home Trust is a mixed-maturity deal, which introduces a pool of new funders, including institutional investors, and replaces the previous £145m facility.