A new borrowing experience
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. We raise finance on the bond markets and lend it on to housing associations. Our first issue of £250m was completed in February 2019

Our target is to borrow up to £1billion in our first year and then up to £1billion each year.

Created by Housing Associations, owned by Housing Associations and run for the benefit of Housing Associations

The attached presentation shows an introduction to MORhomes.