The deadline for most housing associations to publish their annual accounts has now passed. Here are all our reports as the biggest developing providers revealed their figures from a year of difficult choices and rising costs
Housing associations had a difficult year in 2022/23 as they had to weigh up competing priorities in an inflationary environment, amid warnings from the Regulator of Social Housing about weakening balance sheets.
On the one hand, providers faced multiple pressures to divert spending to existing stock. Decarbonisation, building safety costs (for some) and looming consumer regulation persuaded many to ramp up investment in maintaining and improving current homes.
On the other hand, associations also retain a desire to build. The 2022/23 financial year saw many associations report reduced margins and sales income, while interest cover is tightening. Neverthless, there were plenty who stepped up to the plate and delivered substantial numbers of homes.
Already registered? Login here
Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Sign up below to receive:
It takes less than one minute….
… or subscribe for full access - Subscribe now