Target Housing has grown from a small local charity to a registered social landlord (RSL) managing 1,000 properties across South Yorkshire. CEO Shaun Needham explains why buying property has been instrumental to the charity’s success.
Target Housing’s clients often have multiple needs, from addictions to mental health issues and disabilities. Many have been turned away from other housing providers and some are in the last five years of life.
“I liked the idea of working with a bank that stands for more than just making money.” Find out what the Light Church’s lead pastor, Matt Barlow, has to say about applying for a loan from Charity Bank.
Burnhams Surgery recently moved into its new home with the help of a specially set up CIO, two endowments and an ethical loan from Charity Bank. The CIO was struggling to get a loan from another provider, as trustee Malcolm Bailey explains.
Your eligible deposits with Charity Bank are currently protected up to a maximum of £85,000 by the Financial Services Compensation Scheme (FSCS), the UK's deposit guarantee scheme. Total balances above £85,000 are not protected.
For joint accounts each account holder is treated as having a claim in respect of their share so, for a joint account held by two eligible depositors, the maximum amount that could be claimed would be £85,000 each (making a total of £170,000).
Deposits from large companies and small local authorities are covered by the FSCS deposit protection from 30 January 2017 up to a maximum of £85,000.
Visit the FSCS website for more information or call the FSCS on 0800 678 1100 or 0207 741 4100.