All Housing association financials articles – Page 4
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NewsJigsaw’s financial outlook upgraded from negative to stable by Moody’s
GreenSquareAccord’s credit rating has been downgraded
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NewsPlatform confident of hitting development target despite 8% fall in completions
Midlands-based housing association forecasting 1,300 completions this year
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NewsFlagship reports 38% increase in turnover
32,000-home housing association reports 31% increase in affordable homes development
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NewsHousing associations’ interest cover falls to lowest level since the recession, warns RSH
The costs incurred per social housing increased by 14% due to high inflation and supply chain pressures
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NewsL&Q quarterly completions drop by a third
The 109,000-home housing association has reduced its development target to focus on investing in existing stock
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NewsCouncil-owned developers Be First and Populo Living record profit increases
Both wholly-owned housing companies have boosted their profits despite viability challenges
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NewsFlagship increases affordable homes delivery despite plans to cut back development
Firm increases spend on improving existing stock by 9%
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NewsGuinness reveals smaller operating surplus in half-year update
Social housing provider expects to deliver 883 new homes by the end of 2023/24 financial year, an increase on previous year
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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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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’s development down by a third
The housing association completed 654 homes in the last half-year, with net surplus down almost 50%
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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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NewsPlatform’s net surplus takes a hit despite 10% turnover growth
The Midlands-based housing association completed 480 homes in the six months to September 2023
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NewsSovereign Network Group development dips due to site work ‘slowdown’
Newly merged 80,000-home association reveals completions down 9% in consolidated figures
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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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NewsNotting Hill Genesis’ surplus falls by nearly 80% as sales income plummets
G15 landlord spends extra £15m on safety and repairs
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NewsRegulator of Social Housing issues viability downgrades to four housing providers
Body publishes latest annual checks on housing providers’ financial stability