Better Home & Finance agrees sale of Birmingham Bank for GBP 10 million escrow

Better Home & Finance Holding Company is in talks to sell 100% of Birmingham Bank to a buyer consortium, with £10 million placed in escrow. The gross price is set at 0.95x tangible net asset value at closing, which was about £56 million as of Sept. 30, 2026. The deal remains subject to approvals and definitive documentation.