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.
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