All Financing articles – Page 5
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NewsBromford retains A+ credit rating from S&P
Agency cites management expertise, robust planning and strong liquidity as key factors for confirming the rating
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NewsLloyds proposes extra ‘Social Housing Contract’ payment to boost housing delivery
The extra payment would be funded by generating savings on housing benefit payments
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CommentWhy housing associations need to make healthy surpluses
Those who tell stories about the sector ‘raking in’ surpluses fundamentally misunderstand the nature of our strained social housing financial model, writes Fiona Fletcher-Smith
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NewsHRA debt reduction of £17bn needed to tackle council underinvestment in housing, new report finds
Report by CIH and Savills calls for a re-opening of the 2012 local authority self-financing settlement
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NewsVistry ‘confident’ it will hit 18,000 completions in 2024
Housebuilder increases build rate 8% in first half of the year
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NewsExtra £20m for social housing in Northern Ireland welcomed, but CIH says “significant gap” remains
The number of new social homes expected to be built this year is set to fall by 73%, to 400, but the additional £20m will help build more homes
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NewsL&G Affordable Homes to post £1.3m pre-tax profit after being hit with £35m of revaluation losses
The insurance giant’s for-profit provider completes 1,304 homes in 2023
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NewsS&P downgrades credit rating of London housing association RHP
Energy efficiency upgrades a key factor in decision to reduce rating from ‘A’ to ‘A-‘
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NewsFor-profit provider backed by social impact fund appoints Richard McCarthy as chair
FAHHA appoints former senior civil servant, who has also served as CEO of the National Housing Federation and Peabody
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NewsBritish Property Federation publishes new governance code for for-profit registered providers
The new code is tailored to the “distinct elements” of FPRPs’ structures, such as the fact that they are often part of wider groups of connected companies
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NewsSocial housing tenancies generate an average social value of £11,000 per tenant in Scotland, Shelter and HACT study finds
Shelter Scotland and HACT have emphasised the social value of social housing, while social housing starts in Scotland fall to their lowest level since 2012/13
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NewsHousemark sets sights on developing real-time data analytics programme
Data business owned by the Chartered Institute of Housing and the National Housing Federation says that real-time data is a “golden opportunity” for the sector
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NewsBromford and Flagship reveal plans to merge
Under the proposals, the two housing providers would come together to form a 78,000-home provider called Bromford Flagship
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NewsSpecialist provider with ‘unique’ operating model retains AA- credit rating
Local Space, which provides settled accommodation for keyworkers and those facing homelessness, sees outlook improve to stable
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NewsFor-profit RPs to treble housing portfolios to more than 80,000 homes by 2028, Knight Frank estimates
Increase fuelled by increased institutional capital entering the sector and existing players expanding their portfolios, says consultancy.
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NewsCardiff-based housing association secures £25m loan to deliver 300 affordable homes
Hafod Housing has secured a loan facility from Principality building society
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NewsGreat Places appoints more than 100 suppliers to its latest £1.5bn construction framework
Bids to provide works and services under the latest framework increased by 23%
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NewsEx-Peabody boss to step down from Sustainability for Housing chair role
Brendan Sarsfield will stand down from his role as chair of the social housing sustainability reporting organisation later this year, after more than three years in the position
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NewsWelsh housing association appoints new development director
Louise Attwood has been recruited into this new role as Trivallis embarks on development strategy to build 1,500 new homes over the next 10 years
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NewsWoking Council risks being unable to meet new consumer standards due to budget constraints
The council’s preliminary 2023/24 financial results show its Housing Revenue Account reserves have fallen to £0.6m