Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what the value is of financial guarantees provided by the National Wealth Fund to support social housing retrofit loans provided by (a) NatWest Group, (b) Barclays UK Corporate Bank, (c) Lloyds Banking Group and (d) The Housing Finance Corporation since October 2024.

The National Wealth Fund (NWF) has committed £1.3bn total guarantees for social housing retrofit to help mobilise private capital into the social housing sector at scale. As of July 2025, the NWF has committed to providing guarantees of up to:

a. £400m for NatWest Group

2. £350m for Barclays UK Corporate Bank

3. £400m for Lloyds Banking Group

3. £150m for The Housing Finance Corporation.