Lender says stock market flotation will help it ‘grab a slice’ of growing residential development funding market.
Chief executive Randeesh Sandhu told Property Week that there was a funding gap of more than £200bn over the next decade, which stood in the way of developers achieving the government’s 300,000-homes-a-year target.
“The banks are not filling that gap, so we have an opportunity to grab a slice of that market,” said Sandhu.
You must be logged in to view premium stories.
Take out a print and online or online only subscription and you will get immediate access to:
To get access to premium content subscribe today
Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts