BACKING YOUR AMBITION

Glen Wilson

UK Head of Property

LLOYDS BANK - HELPING BRITAIN PROSPER

Lloyds Banking Group has a profound interest in UK housing market

Our purposeAs the UK’s largest Retail and Commercial Bank we have a relationship with nearly every home in the country and a lot

of businesses too.

We play a vital role in supporting our customers, the communities in which they operate and the UK economy.

LLOYDS BANK – SUPPORT FOR THE HOUSING MARKET

Creation of LBG Commission on Housing in January 2015. “No one single solution to what is a complex and multi-layered series of challenges. Nor is our country’s housing crisis susceptible to simplistic short-term ‘fixes’. What is required, is a sustained programme which will generate a much expanded supply of good quality homes available both to buy and to rent from a range of sources, at costs that reflect the varying means of all sections of society.”

5% Net Lending

LLOYDS BANK – BUILDING FOR GROWTH

LLOYDS BANK - BUILDING FOR GROWTH

• £19.2bn contribution to UK economy• 25% forecast turnover growth• Driven by demand, low mortgage rate, HTB, Stamp duty• 36% achieved through expansion in current region• Concerns – Economy, housing bubble

16%SME forecast

turnover growth

• 600,000 employed in the construction industry in 2014• 100,268 new roles created before the end of 2016• More than half of these opportunities (57,508) with SMEs• 24% say a skills shortage is their biggest business challenge

31%SME skill shortage

• 2007 government target for 240,000 homes a year by 2016• Home ownership has fallen for first time since 1951• Optimism regarding ability to play a role in alleviating the housing shortage varies by business size• Largest operators (73 per cent) said they have the tools they need to address the shortfall, only around half of SMEs

32%SME

Availability of finance

LLOYDS BANK – SUPPORT FOR THE HOUSING MARKET

LBG Commission on HousingJanuary 2015

5% Net Lending