A social landlord with properties across East Ayrshire has secured a multi-million pound loan to modernise its homes. 

Atrium Homes, a not-for-profit registered social landlord based in East Ayrshire, has secured a £6.3m loan from The Royal Bank of Scotland.

The funding will be used to modernise properties and improve energy efficiency, helping tenants battle energy bills.

The charity, celebrating its 25th anniversary, is using part of the loan to expand its operations by acquiring properties for resale on the open-market.

However, the majority of the funding is earmarked for Atrium Homes’ modernisation initiative, which involves the refurbishments of almost 900 pre-existing residences.

As a result, the refurbished homes are set to meet or exceed EPC standards, attaining a minimum of a C rating.

This means tenants will be less susceptible to uncertain and fluctuating energy bills, allowing for a greater peace of mind amidst the cost-of-living crisis.

Shannon Watson, chief executive at Atrium Homes, said: "We are wholeheartedly committed to not just providing a house for our users but a place they can call home, build a life, and raise a family.

"That is why we are so pleased to announce our latest funding deal that will make this a possibility.

‘Being proud of your home is so important, but feeling secure and warm is even more so.

"We want to ensure that as many people as possible are provided with homes that are modern and fit for use."