UK's Be One Homes Secures £75 Million Loan for Affordable Housing Construction in Bolton
2026-05-07 16:13
Favorite

en.Wedoany.com Reported - UK registered housing provider Be One Homes has secured a £75 million loan to build new affordable homes and refurbish existing properties in Bolton. The loan, provided by Saltaire Housing through the UK government's Affordable Homes Guarantee Scheme, is a fixed-rate, 13-year financing arrangement.

Be One Homes affordable housing project

Be One Homes, formerly known as Bolton at Home, plans to build 750 affordable homes over the next three years. This loan will enable nearly half of that plan to be realised, specifically including the construction of 300 new homes and the refurbishment and upgrading of various existing properties. Be One Homes has also committed £68 million to upgrade the more than 19,000 affordable homes it has managed since merging with Arcon Housing Association in 2024.

Pam Welford, Executive Director of Finance, Development and Business Services at Be One Homes, said: "Like any large organisation, we carefully plan for the long term and ensure we secure the right funding — not just for today, but for the future." Welford added: "The fixed interest rate and 13-year term of the loan give us greater certainty over future costs. This supports responsible long-term planning and helps protect funding for services and wider investment in affordable housing."

Adriana Klincova, Legal Director at Anthony Collins, said: "Be One Homes has proven its ability to build and maintain affordable homes to a high standard, and this funding will allow them to do even more. We are pleased to have played a part in realising their development vision." Anthony Collins' banking and finance team provided legal support for this loan agreement.

This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com