This project commissioned by Lloyds Bank Group explores the role of SME investment in the private rented sector. It aims to raise the profile of this part of the PRS, add to the understanding of its impact and inform policy discussion.
LBG loans to SME investors in the PRS are an important aspect of the group’s business which has several niche features including long term lending of up to 25 years. Understanding the overall impact of this lending and the attitudes and requirements of these investors as well as the ability of LBG to influence the quality of the PRS offer through this business would, we understand, be of interest to LBG. More widely this SME investor aspect of the PRS is an area which has little recognition, especially in policy debates, and is under-researched.