Launch: 2018
Blend Funding Plc
Overview
Blend Funding Plc, established in 2018, is a financial aggregator who provides much-needed, competitively priced bond finance to housing associations across the UK. Blend benefits from the flexibility of its £5bn MTN Euro Note programme, granting it the ability to bring different maturities into the market. Blend was assigned an A2 long-term senior secured rating with “stable” outlook from Moody’s.
Blend Funding Plc in Numbers
£1.93bn
Total Capital
Outstanding
35
Housing Associations
Supported
A2
(stable) - Moody's
Rating
As of 1 December 2025
Key Advantages
Speed to Market
Allows HAs to take advantage of favourable rate opportunities
Flexibility on Maturity
HAs can select from existing maturities or partner to create new issues dependent on requirements
Pre-approved
Pre-approved limits create flexibility for fast access to capital
Strong Credit Rating
Pricing benefits from A2 stable rating from Moody’s
Limited Covenant Constraints
No corporate interest cover or gearing covenant clauses
Aggregation Access
Ability to aggregate across smaller HAs
Summary Terms
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Contact Us
We’re here to help you channel finance into lasting impact. Get in touch to explore how we can support your mission – one home, one partnership at a time.
Contact Details
info@thehousingfinancecorp.com
+44 (0) 20 7337 9920
For media enquiries, please contact media@thehousingfinancecorp.com
Location
3rd Floor, 17 St. Swithin’s Lane,
London, United Kingdom, EC4N 8AL