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Housing Today
Trusted media brand of the Chartered Institute of Housing
Great Places undershoots starts target due to delayed 132-home scheme
27,000-home provider exceeds expected surplus and meets ‘golden’ rules for interest cover, gearing and operating margin
Great Places Housing Group has missed its target for development starts in the first half of the year, due to delays to a scheme.
The housing association, which manages 27,000 homes across the north of England, said in a trading update it started work on 208 homes in the six months to 30 September. This is below its half-year target of 316.
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