Stoll

Centenary Lodge, Aldershot Garrison, UK

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HOMES TO HELP VETERANS REBUILD THEIR LIVES

Vulnerable and disabled Veterans will soon be able to make use of new state-of-the-art homes and facilities, following CAF Bank’s support for a charity’s new housing scheme.

Stoll, a charity that works with ex-servicemen and women who are struggling to reintegrate into civilian life, approached the bank for help in carrying out a major 34-home development.

Now, Stoll's brand new housing development at Aldershot Garrison is open, following a £3.8 million loan. 

The scheme includes family accommodation, disability units, communal areas, training facilities and even a therapeutic garden, all with the aim of helping Veterans lead fulfilling, independent lives.

FINANCIAL PARTNER WITH SHARED VALUES

Speaking about the charity’s partnership with CAF Bank, Ed Tytherleigh, Chief Executive at Stoll, said: “It is a pleasure to work with another organisation that shares similar values and is so open to developing positive relationships as a financial partner.

“As a small Housing Association there are limited sources of borrowing available and CAF Bank fitted the bill perfectly.”

Stoll has opened a development of 34 homes at Aldershot Garrison for vulnerable Veterans

 

REINTEGRATING VETERANS INTO CIVILIAN LIFE

Stoll supports over 600 Veterans every year and helps them build confidence and skills to lead independent lives.

87 per cent of the Veterans supported by the charity achieved a goal or outcome they were working towards, according to a Stoll survey of residents.

Mr Tytherleigh added: “We aim to ensure that Veterans have the opportunity to reintegrate into civilian life fully by supporting the individual with a range of services including employment, debt and money, health and wellbeing and other support issues that may be holding them back.

“For those with greater needs, we want to offer the highest degree of independent living we can by ensuring a supportive and very special environment to live with plenty of access to meaningful activity and a strong community.” 

The Centenary Lodge development, marking the charity’s 100th anniversary, was officially opened by HRH The Countess of Wessex on 14 June 2018.

LOAN FINANCE FOR CHARITIES

If your housing association or charity needs loan finance for a property development, purchase or renovation of existing stock, CAF Bank’s charity loan experts will be happy to discuss your requirements. 

Loan applications subject to credit assessment. Security will be required.

Charity assets may be at risk if you do not keep up with the repayments for a mortgage, loan or any other debt secured on them.

If you're thinking of consolidating existing borrowing, you should be aware that you may be extending the term of the debt and increasing the total amount you pay.

CAF Bank Limited (CBL) is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 204451. Authorisation can be checked on the financial services register at www.fca.org.uk

CBL Registered office is 25 Kings Hill Avenue, Kings Hill, West Malling, Kent ME19 4JQ. Registered under number 1837656. CBL is a subsidiary of Charities Aid Foundation (registered charity number 268369).