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Lloyds the landlord: how the bank quietly became a big rental property player

Bank has a £2bn rental property portfolio via its Lloyds Living arm, amassing 7,000 properties so far with plans to add 43,000 more by 2030Business live – latest updatesThe black horse of Lloyds’ banks is a familiar sight on UK high streets, but the lender has quietly become one of the country’s biggest landlords, too, amassing £2bn in residential property, according to analysis.The company has reached the landmark valuation on its property assets after a drive to buy more than 7,000 properties, in news first reported by the Financial Times. Continue reading...

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