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Local-to-local lending pros and cons weighed up by treasury experts

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Reputational risk and a struggle to access longer-term money are some of the main obstacles to using the local-to-local lending market, according to the investment panel at LATIF 2026.

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But reliability, rates and a “great credit quality” present strong reasons for accessing the local-to-local market. Phil Triggs, tri-borough director of treasury and pensions

Councils should have “sustained access” to preferential borrowing rates to support the viability of the government’s attempts to spark a revival in social housebuilding.

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