New financing supports delivery of more homes and strategic land projects
• Lloyds and NatWest back the Group’s aims to develop thriving communities
Wain Group, one of the UK’s largest privately owned residential developers, has secured £140 million in new funding from Lloyds and NatWest to accelerate its next growth phase.
The financing will help Wain Group to deliver its growth ambitions which include building more high-quality homes, regenerating land and investing further in sustainable development.
Headquartered in Warrington, Wain Group is made up of housebuilder Wain Homes and strategic land company, Wain Estates. It delivers around 1,400 homes each year and specialises in transforming land into thriving communities, creating long-term value for local people, businesses and places.
Banks unite to bolster Wain Group’s ambitions
The £140m package, provided equally by both banks, reflects Lloyds’ continued commitment to Wain Group and introduces NatWest as a new funding bank.
Together, their support will help Wain Group progress new developments and continue revitalising strategic sites, strengthening the business for its next chapter of growth.
Lloyds is both the Facility Agent and Security Agent, and NatWest was Hedging Bank.
Andy Campbell, Group Finance Director at Wain Group, said:
“Securing this £140m funding package marks a significant milestone for Wain Group as we continue to scale the ambition of our work. It will enable us to deliver more high‑quality homes, unlock further strategic land opportunities and strengthen our commitment to sustainable development across the regions we operate. We thank Lloyds for its continued support and are pleased to welcome NatWest onboard as we enter the Group’s next phase of growth.”
Chris Yau, Director, Housing & Sustainability and Regional Head of North West at Lloyds, said:
“Wain Group is a major contributor to housing growth and regeneration across the UK and we’re proud to deepen our long-standing relationship by supporting this important £140m funding package. It reflects our broader commitment to enabling sustainable development, improving housing supply and backing strong regional businesses that are creating long-term value for communities.”
Andy Clarke, Director, Corporate Real Estate Finance at NatWest said
“We are delighted to be supporting Wain Group with this facility, which will underpin the company’s next phase of growth and enable the delivery of high-quality homes across future developments. This funding package also reflects our wider commitment to supporting regional businesses, helping to build thriving communities, enable sustainable development, and increase the supply of much needed housing. We are looking forward to building on our current relationship with Wain Group over the coming years.”
Lloyds and NatWest were advised by Addleshaw Goddard (legal) and JLL (property). Wain Group was advised by Hill Dickinson.