This Agreement is dated 2014Proposed New Group Structure Heads of Terms • October 16th, 2014
The operating environment for Magenta Living has changed dramatically from when it was first formed in 2005. Magenta Living secured a loan facility with the Royal Bank of Scotland and has spent around £170m since transfer to bring its homes up to decent homes standard and delivering the 89 promises made at transfer to make its estates more sustainable places to live. Its existing loans will be paid for over the thirty year life of the current business plan.
