PWLB lending facility
New announcements
Find out the latest announcements for the PWLB lending facility.
|
Date |
Update |
|---|---|
| 8 April 2024 |
The Residual Maturity report for 31 March 2024 is now available |
| 8 April 2024 |
Year End Values for 31 March 2024 is now available |
| 29 June 2023 |
The PWLB Report and Accounts 2022-23 are now available |
| 15 June 2023 |
HMT has introduced a new HRA Rate for Lending, commencing from 15 June 2023, and a new guidance regarding PWLB lending. Further information is available on our Lending Arrangements page. |
| 24 June 2022 |
The PWLB Report and Accounts 2021-22 are now available. |
| 12 May 2022 |
HMT has issued new guidance regarding PWLB lending which is available on the Lending Arrangements page. |
| 2 November 2021 |
The latest version of the PWLB electronic template for PWLB borrowing applications is available on the Lending Arrangements page |
| 21 October 2021 |
Circular 163 is now available on the Lending Arrangements page |
| 21 October 2021 |
The latest version of the Technical Note is now available on the Technical Notes page |
| 12 August 2021 |
The terms and conditions applied to PWLB lending will change from 8 September 2021. This will increase the turnaround time for a PWLB loan from two to five working days (T+5 settlement), set the minimum interest rate for PWLB loans at 1bp and set a minimum late repayment fee of 10bps. Further information about these changes are set out in this letter from HM Treasury. |
| 2 July 2021 |
The PWLB Report and Accounts 2020-21 are now available |
| 13 May 2021 |
The Lending Arrangements and Concessionary Rates pages have been updated to reflect HMT requirements regarding Certainty Rate returns for principal local authorities prior to applying to borrow from the PWLB. |