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Greenoak's Bond Success

Greenoak Housing has joined 8 other social landlords to raise funds to finance housing on the bond market through The Housing Finance Corporation (THFC). It has achieved a near record rate of 4.50% fixed for 30 years. Demand from investors was intense with the bond initially between three and four times over-subscribed. This funding will enable Greenoak to provide more truly affordable houses for rent for local families in Woking.

Greenoak Housing is a leader in environmental sustainability and has won national awards for its innovative green homes. They are highly energy efficient so tenants have very low heating and hot water bills. Greenoak's next housing scheme will be to passivhaus standard with the highest levels of sustainability including accessible, flexible and healthy homes as well as some of the lowest energy needs in the country.