Wheatley Group

Glasgow-based construction firm City Building, a joint venture between Glasgow City Council and Wheatley Group, has reported a £16 million loss amid rising costs and unforeseen operational expenses. The figure in its latest annual accounts for the year ending March 31, 2023, follows

Wheatley Group has retained its A+ (stable outlook) rating from credit rating agency S&P Global Ratings.

Wheatley Group has today announced a major £100 million sustainable loan agreement with four of the UK’s leading financial services organisations. The housing, care and property management group has agreed a £50m revolving credit facility with existing lenders, Royal Bank of Scotla

Wheatley Group, the social housing provider, has retained its A+ (stable outlook) rating from Standard & Poor’s Global Ratings (S&P).

The Housing Finance Corporation (THFC) has helped Scottish housing association Dunedin Canmore, part of Wheatley Group, reduce the interest rate it pays on a loan from the European Investment Bank (EIB) to just 1.25%. The 20-year loan was signed in 2010 at 3.00%, as part of a £345m funding dea

Wheatley Group has appointed Caroline Gardner and Eric Gibson to its board. Ms Gardner has joined as a non-executive director and chair of the Group Audit committee while Mr Gibson becomes chair of Loretto Housing Association and Lowther.

A new campaign against loan sharks has been launched to crack down on lenders who are moving online to prey on Scots.

Wheatley Group has retained its A+ stable credit rating by Standard & Poor’s Global Ratings (S&P). In its research update released yesterday, S&P pointed out Wheatley’s focus on its traditional role as a provider and manager of social-rented homes “s

Wheatley Group has drawn down £72 million of funding from the European Investment Bank (EIB) – at a highly-competitive rate – to build and improve more homes across Scotland. The funding deal – at a rate of under 1.70% fixed over 22 years – will enable the UK’s la

Royal Bank of Scotland has agreed a 10-year revolving credit facility for Dumfries and Galloway Housing Partnership (DGHP) just weeks after the housing association secured a £114 million investment deal with M&G Investments. DGHP said the £35m of private investment wil

Dumfries and Galloway Housing Partnership (DGHP) is to refinance its existing bank debt after securing a £114 million financing deal with M&G Investments. DGHP, which became part of Wheatley Group in December 2019, has ambitions to develop up to 1,000 homes over the next five years.

Sheila Gunn, vice-chair of Wheatley Group, has joined the board of Scottish Building Society in a non-executive role. Ms Gunn has worked in legal practice for 23 years and was previously a partner at Shepherd & Wedderburn for 12 years.

The first tranche of new funding from the European Investment Bank (EIB) has been drawn down by Wheatley Group at a record low-interest rate of under 1.5%. Wheatley has received the first £85m of £185m agreed with the EIB last year.