Lloyds the landlord: how the bank quietly became a big rental property player
by Julia Kollewe from on (#71BWR)
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 2030
The black horse of Lloyds' banks are 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 new analysis.
The company has reached the landmark valuation on its property assets after a drive to buy more than 7,000 properties, according to the Financial Times.
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