Together Housing Group made a pre-tax loss in the 2021/22 financial year after being hit with additional fire safety costs on nine tower blocks in Salford.

The 36,000-home association made a £3.4m loss, compared to the £16.6m surplus it made the previous year.

The North-west based provider recorded extra spend on building safety of £27.2m in the year, impacting its bottom line and overall operating margin, which fell from 17.8% to 4.4% against a target of 19.7%