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UK needs extra 60,000 new homes a year: Lloyds

RAISE THE ROOF: Lloyds will set up a £50 million equity fund next year for smaller house builders to help increase supply.


LLOYDS Banking Group has said that at least 60,000 new homes need to be built in Britain every year above the current level of supply to ease the country's housing shortage.

Lloyds, Britain's biggest retail bank and home lender, said on Tuesday that it will set up a £50