All Financing articles – Page 6
-
NewsFlagship boosts surplus by 16% despite fall in open market sales and higher salaries
East of England provider built 744 homes in the 2023/24
-
NewsHousing bodies cautiously welcome Scottish goverment’s housing focus in 2024/25 programme
However, the Scottish Federation of Housing Associations has warned that the government also needs to tackle funding delays and remove obstacles for mid-market rent homes
-
NewsAster’s surplus hit by higher interest costs and writedowns
The housing association’s pre-tax profit falls 14% due to a combination of an increase in costs caused by inflation and an ‘all-time high’ investment in its homes
-
NewsMoody’s reconfirms Southern Housing’s A3 stable credit rating
The credit ratings agency said Southern has a very strong balance sheet and liquidity but its interest cover remains weak
-
NewsChancellor will reportedly unveil 10-year social housing rent settlement in Autumn Budget
The Financial Times has reported that the chancellor is planning to introduce a rent settlement of CPI + 1% for the next decade
-
NewsSouth London council bucks trend and reduces temporary accommodation use
Wandsworth Council created 23 new job posts focused on homelessness prevention and plans to add new staff
-
CommentHow do we attract more private investment into affordable housing?
The new government is pledging to prioritise social rented homes, but also wants to boost supply overall. Guy Slocombe explains how it could square this circle
-
NewsSurplus down but turnover rises in SNG’s first post-merger financial accounts
The merged organisation, which is aiming to develop 25,000 new homes over the next decade, says its balance sheet is ‘robust, diversified and resilient’
-
NewsCompetition regulator to review GMCA’s brownfield housing scheme
Scheme will provide £500m in subsidies to providers developing brownfield sites in Greater Manchester
-
NewsNorthern Housing Consortium says 320,000 new homes could be delivered on brownfield land
The membership organisation for northern housing providers has said that brownfield funding should be devolved and ‘more flexible’
-
NewsPlatform Housing’s surplus falls due to pension scheme exits costing £18m
The Midlands-based housing association also cited cost pressures from investment in homes, customer services, and high inflation
-
NewsLocal housing deals could deliver almost 200,000 new social homes over the next 30 years, LGA says
The LGA has said that local councils need funding and autonomy, stressing that they ’know their areas best’
-
NewsBromford Housing reports increase in turnover, but higher operating costs
Housing association blames rise on higher repair volumes
-
NewsSocial landlords in Northern Ireland warn ‘we will be lucky to deliver 500 new homes this year’
The letter to Angela Rayner says housing in Northern Ireland is at crisis point and welcomes Labour’s plan to ‘turbocharge’ development
-
NewsBirmingham City Council announces plan to use 200 vacant new-build homes for social housing
Homes intended to serve as the athlete’s village for the Commonwealth Games will be sold, but one plot will be retained to provide homes for those on the social housing waiting list
-
NewsBromford retains A+ credit rating from S&P
Agency cites management expertise, robust planning and strong liquidity as key factors for confirming the rating
-
NewsLloyds proposes extra ‘Social Housing Contract’ payment to boost housing delivery
The extra payment would be funded by generating savings on housing benefit payments
-
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
-
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
-
NewsVistry ‘confident’ it will hit 18,000 completions in 2024
Housebuilder increases build rate 8% in first half of the year