Fitch downgrades five housing association credit ratings

By Daniel Gayne2024-10-24T09:13:00

Source: Shutterstock

Further two have outlook changed to ‘negative’

A flurry of re-gradings issued by the ratings Fitch have revealed the deteriorating state of housing association balance sheets across the sector.

From 16 October and 18 October, Fitch published assessments of eight housing associations, of which seven saw either their rating, their outlook, or both downgraded.

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