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Monday, August 19, 2019

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Unity Trust Bank provides £6m loan for refugee and migrant housing

Sam Monk | 13:51 Wednesday 31st July 2019

Unity Trust Bank has provided a £6m loan to ARHAG Housing Association to purchase 47 developed units in Barnet, north London, for refugee and migrant communities in the area.

The housing units include 21-two bedroom flats located in Woodside Park and 26 two- and three-bedroom houses spread across Barnet in Edgeware, Burnt Oak and Muswell Hill. 

Ian Heesom, relationship manager at Unity Trust Bank, said: “As a commercial bank with a social conscience, we’re committed to having a positive impact on the communities that we serve.

“Organisations like ARHAG are increasingly looking for an ethical bank that shares their values.

“There is a shortage of housing in London generally, but particularly so in inner-city areas.

“I’m pleased that our lending can help to alleviate this issue for communities in need.”

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