All Housing association financials articles
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Orbit’s development drops by 30% as it ramps up spend on existing homes
The Midlands housing association’s surplus falls by 39%
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Turnover and surplus up at Onward Homes
North-west housing association increases shared ownership sales income
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Guinness undershoots development target by nearly half
Landlord says resource pressures and contractor administrations hit annual development figures
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Peabody turnover down 11% due to reduced sales and site delays
Landlords scales back development and invests more in improving existing stock as it shifts to neighbourhood model
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Flagship boosts surplus by 16% despite fall in open market sales and higher salaries
East of England provider built 744 homes in the 2023/24
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Aster’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
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Moody’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
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Abri invests ‘record’ £100m in existing homes but sees 19% dip in annual completions
The 50,000-home housing association reports ‘exceptional’ surplus of £518m due to merger with Silva Homes.
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Home Group increases development 17%
55,000-home landlord to set up new regional operating model
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Hyde Group misses build target by nearly half as it’s hit by £39m in write-downs
44,000-home association reports 78% drop in surplus as it is hit by contractor insolvencies on two schemes
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Moat reports squeezed margins and lower surplus
23,000-home association misses annual development target
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Midland Heart increases development as it eyes 4,000-home target
35,000-home association increases investment in new build and improving existing stock
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LiveWest undershoots affordable homes target due to delayed starts on site
South west-based association built fewer affordable homes in 2023/24 than its target due to “site specific” issues.
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Accent Group more than doubles spending on existing homes
The Bradford-based housing association has invested a total of £52m in its existing homes, and built 431 new homes
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Paradigm exceeds development target
Buckinghamshire-based housing association says new build “central part” of mission as it increases surplus and turnover
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Great Places increases pre-tax surplus in first quarter
The Manchester-based housing association reported £30m in cash and £405m in undrawn credit facilities
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L&Q increases operating surplus by 60% in first quarter while completions halve
The 105,000-home housing association has also increased its fixed asset sales and sold its land business, L&Q Estates
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BPHA boosts turnover but reports deficit due to one-off refinancing costs
Bedfordshire landlord increases completions by 20%
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Vivid increases development to more than 1,500 homes a year
Housing association boosts development by 10% in face of surplus squeeze
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Southern stops committing to new developments as surplus falls
80,000-home housing association ramps up spend on existing homes