Equity Housing secures £55m refinancing deal

Equity secures £55m loan deal

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The Stockport-based housing association manages nearly 5,000 homes across the north west of England

Equity Housing, the Stockport-based housing association, has secured a £55m refinancing package which it said would give it the resources it needs to build more than 800 homes over the next five years.

Arranged by Savills, the deal sees an existing loan of £20m loan with NatWest extended and a further £35m of additional loans taken on from the same bank.

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