All Financing articles – Page 12
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NewsMetropolitan Thames Valley Housing’s ‘A-’ credit rating affirmed
The credit rating agency has also upgraded its outlook on MTVH from negative to stable
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CommentWill 2024 bring transformational change for the housing sector?
A general election amid a rise in off-balance sheet funding models, joint ventures and a more nuanced role for MMC – Richard Jones looks at what 2024 may hold for housing
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NewsA2 Dominion appoints former Sovereign executive as chief finance officer
The housing association has streamlined two executive finance director roles as part of leadership changes related to its new corporate strategy
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NewsThree social housing landlords found in breach of regulatory standards
Origin found to be non-compliant with economic standards, while Woking and Wigan have breached consumer standards
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NewsOperating margin of 200 largest social landlords falls to lowest since 2009, says regulator
Landlords’ aggregate accounts also show that interest cover is at its lowest level since 2010
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NewsPeabody to sell off 500 DIY shared ownership homes in the new year
Legal & General understood to be interested in acquiring the homes
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NewsInland Homes administrators rule out rescue for any part of the business
Aston Clinton Developments, Inland Homes 2013 and Hugg Homes may lack funds to pay off all unsecured creditors, and some secured creditors may not be repaid in full
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NewsStonewater’s surplus decreases 43% as shared ownership staircasing sales dip
The 36,000-home housing association reports lower sales revenue and increased repair costs
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NewsNottingham City Council issues section 114 notice over £23m black hole in budget
Nottingham also issued an s114 two years ago when it unlawfully used HRA funds to support council finances
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NewsIncreased costs of new shared ownership model could hit viability, housing associations warn
Housing associations warn financial sustainability of shared ownership needs to be monitored following changes introduced by the government
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NewsInland Homes’ for-profit RP Rosewood Housing breaches regulatory standard
RSH says social homes could be lost if sale of Rosewood is not completed
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NewsHousing assocations’ cash interest cover falls to record low
Regulator warns providers’ capacity to absorb risk has reduced
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NewsSwan reports £84m deficit in delayed accounts
Essex-based housing association now part of Sanctuary sets aside £40m for building safety work
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In FocusUK housebuilding recession: How much worse is it going to get?
With little prospect of a rapid reduction in interest rates to spur a recovery, many in the industry are now just looking to “survive until ’25”. Joey Gardiner looks at the prospects for residential developers doing so.
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NewsTelford Homes falls to £193m loss
Build-to-rent developer reports second consecutive loss after being hit by building safety cost and problem job
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NewsBarratt reports slip in sales rate
Britain’s largest housebuilder reports reservations hit by mortgage availability and Help to Buy withdrawal
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NewsBellway to cut volume by a third
Housebuilder says it expects to build just 7,500 homes this year and has cut 5% of staff
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CommentWe need long-term thinking to tackle the housing supply crisis
Longer-term grant funding, rental income certainty and new ways of financing development are all needed to help registered providers boost supply in the midst of concerns over existing homes, writes Fiona Fletcher-Smith
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NewsDorset council in talks with Inland administrators to salvage 161-home scheme
The future of the £46m on-site Carter’s Quay project is unclear following Inland collapse
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CommentIntegrating capex and opex is crucial in this era of asset-retaining housing developers
Richard Jones explains how asset-owning developers are transforming the housing development market