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Karbon plans to boost investment plans after £200m finance deal

The Journal

|

May 08, 2025

A NORTH East housing association has pledged to increase its investment plans after striking a deal for £200m of fresh finance.

- BY COREENA FORD

Karbon Homes, has increased its loan book by agreeing £200m of new facilities with three lenders, to support its ambitious investment plans.

The organisation, formed in 2017, manages 34,000 affordable homes for people across the North East of England and Yorkshire, amid company aims to give customers the strong foundations they need to get on with life.

Now the organisation has agreed loan facilities with existing lender Santander and new lenders HSBC and Nationwide, which it intends to use to develop a pipeline of new homes while also investing in its existing properties.

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Daly makes his big return after injury

RUGBY Elliot Daly will make his first appearance since the British and Irish Lions tour to Australia after being named on the wing for England's game with Argentina on Sunday.

time to read

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Clean Air Zone grant requests will close soon

NEWCASTLE City Council has announced that it will stop taking requests for the CAZ upgrade grants on January 30 next year.

time to read

2 mins

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'Red routes' could end parking woes

Move to tackle airport issues still 'last resort'

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1 min

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Make it easier to keep costs down this winter

We all want to be as warm and cosy as possible during winter months, especially in bed.

time to read

2 mins

November 20, 2025

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PRODUCT TEST: APPLE M5 MACBOOK PRO

It's five years since Apple debuted its first Macs featuring its own M series chips.

time to read

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'She was afraid she wouldn't get out alive'

TWO sex workers were left terrified after being falsely imprisoned and assaulted by a customer.

time to read

3 mins

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