Significant news from Inland Homes

1. The sale of the major part of its site at the former RAF Stanbridge, to Catalyst Housing Association for £14 million 2. A Group subsidiary, Inland Homes Developments Ltd, has signed a £20 million revolving credit facility with Barclays Bank plc to fund much of the Group’s housebuilding activities 3. The Group has taken a 25% stake in a new premium housebuilding company, Troy Homes Ltd, for an investment of £1 million The Land Sale appears to be very good news for Inland. The Company will receive a sum of £14 million for this site - a figure which…