Lloyds Banking Group – already a major player in Build To Rent – has now signed a deal with a prominent housing provider.

Lloyds Living, its Build To Rent (BTR) offshoot, has some 7,300 properties in the private rental sector. 

And the bank recently teamed up with homelessness charity Crisis to fund a new lettings agency called Good Place Lettings, based in London’s East End. has launched with the 

Now a new Lloyds £195m finance package with housing provider Orbit will fund upgrades to thousands of social homes across the Midlands, East and South East of England.

The bank says the deal is part of its commitment to”support the transformation of the UK’s social housing stock.”

The funding will accelerate energy efficiency upgrades to ensure all homes achieve EPC band C or above by 2030.

This will be achieved through improving insulation and installing energy efficient measures to reduce carbon emissions.

An Orbit spokesperson says: “This arrangement will support us in continuing to provide good quality, energy efficient, affordable and safe homes, whilst continuing our drive to create inclusive and sustainable neighbourhoods so more people have a good quality home that they can afford, in a place that they are proud to live.”

And a Lloyds spokesperson adds: “By combining our banking and long-term investment expertise, we’re helping the sector deliver more sustainable homes and improve the living experience for residents.”