• Better is in talks to sell 100% of Birmingham Bank to a buyer consortium, with £10 million placed in escrow.
• Gross price set at 0.95x tangible net asset value at closing; tangible net asset value was about £56 million as of Sept. 30, 2026.
• Deal remains subject to approvals and definitive documentation.
• Pro forma cash balance would rise to about $140 million, based on Sept. 30, 2026 cash and estimated sale proceeds.
• B Singh Partners is part of the buyer group, backed by three Asian family offices with combined net worth above $20 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Better Home & Finance Holding Company published the original content used to generate this news brief via Business Wire (Ref. ID: 20261005071455) on October 05, 2026, and is solely responsible for the information contained therein.