Muse welcomes Government's National Housing Bank
18.06.25 2 min read
We’ve welcomed the news that The Government has announced the creation of the National Housing Bank, a wholly owned subsidiary of Homes England.
£16bn of new public investment will help build over 500,000 new homes, unlocking over £53bn of private investment, as part of the government’s Plan for Change.
Hundreds of thousands of extra homes will be delivered thanks to the new government-backed ‘housing bank’ that will unlock billions in private sector investment.
The National Housing Bank, a subsidiary of Homes England, will be publicly owned and backed with £16 billion of financial capacity, on top of £6bn of existing finance to be allocated this Parliament, in order to accelerate housebuilding and leverage in £53 billion of additional private investment, creating jobs and delivering over 500,000 new homes.
It will see Homes England, the national housing and regeneration agency, able to issue government guarantees directly and have greater autonomy and flexibility to make the long-term investments.
With long-term, flexible capital, the National Housing Bank will be able to act as a consistent partner to the private sector, bringing the stability and certainty that housing developers and investors need to make delivery happen. It will also support SMEs with new lending products and enable developers to unlock large, complex sites through infrastructure finance.