North East
Heathfield Student Community Home
Heathfield (Norwich) Ltd trading as Heathfield Student Community Home Heathfield Student Community Home aims to enable students to build enriching and lasting friendships at the University of East Anglia and Norwich University of Arts. They strongly believe students benefit from the richest possible experience during their time at university. Heathfield is a start-up business, and a… Continue ReadingThe Five Lamps Organisation
Five Lamps’ mission is to remove the barriers that face troubled families. Their work transforms lives, raises aspirations and enables social, economic and financial inclusion. The £1m loan from Unity Trust Bank will fund over 2,000 loans during 2017 of approximately £500 each over periods of up to 12 months. A typical Five Lamps short-term… Continue ReadingThe Five Lamps Organisation
Access to low cost furniture and goods is vital for low income families. Factors such as a lack of credit history mean they are often forced to use costly rent-to-own shops. Stockton-On-Tees based Community Development Finance Institution Five Lamps is challenging this issue with a personal loan finance service, backed by £2.6m of Unity borrowing, in partnership with Furniture Resource Centre (FRC). This supports… Continue ReadingCommunity Campus ’87
Community Campus ’87 has three core aims, to address the areas of housing and support; training and personal development and construction services. A Unity loan of £125,000 enabled them to purchase two properties, forming self contained flats for 9 people, bringing back in to use empty homes. The properties will be refurbished by apprentices of the… Continue ReadingThe Glendale Gateway Trust
A Unity loan of £70,000 assisted The Glendale Gateway Trust in refurbishing 4 affordable homes and purchasing five properties creating 16 bed spaces. The Trust supports the community of Glendale, spanning 250 square miles and manages a community and business centre, commercial properties and affordable housing.Aquila Way
Unity provided £97,000 of loan finance to Oasis Aquilla Housing to support the purchase of 11 properties which will provide 14 homeless or vulnerable people with secure, stable accommodation. Oasis Aquilla Housing provides a number of bespoke and effective services for the people it helps.Bomarsund Housing Co-operative
A loan was made to assist in the development of 12 one bed apartments for the over 55s. The £350k loan saw the new homes open at Bomarsund’s flagship development in Seghill, eight miles north of Newcastle upon Tyne during March 2014. Di Veitch, Management and Development Consultant of Bomarsund, said: “With secured fixed term… Continue ReadingThe Five Lamps Organisation
A £1m loan from Unity has been used by Five Lamps for on-lending to personal customers as part of a new scheme and as part of the RGF programme to lend on to businesses and civil society organisations in disadvantaged communities across the North East and Yorkshire. As part of a wider operation by Five… Continue ReadingBack to our case studies
