All Financing articles – Page 6
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L&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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S&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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For-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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British 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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Social 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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Housemark 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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Bromford 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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Specialist 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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For-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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Cardiff-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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Great 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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Ex-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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Welsh 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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Woking 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
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SNG and Captiva Homes agree £30m deal for Isle of Wight scheme
This will be the first large-scale ‘all-affordable’ homes development built on the island in a decade
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Places for People joins call for next government to build 90,000 social homes a year
A recent PfP survey found over three-quarters of people believe more social rented homes are needed to tackle homelessness
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Shelter calls on ‘political parties of all stripes’ to commit to building 90,000 social rented homes per year
Analysis of government data shows that social rent home losses have surpassed 250,000 in a decade
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Social value in procurement needs assurance process to boost credibility, says HACT
Social housing charity says third-party verification process could help deliver long-term impact
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Northern Ireland temporary accommodation costs soar to almost £28m in one year
The public housing authority’s expenditure on temporary accommodation has increased by more than sixfold in seven years
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Sector could face £220m rent arrears spike due to benefit payment period 'mismatch', Housemark warns
The housing data specialist has urged RPs to address the gap between housing benefit payments and ‘rent weeks’ this year