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Housing Today
Trusted media brand of the Chartered Institute of Housing
Heylo boosts turnover as it restructures in bid to regain regulatory compliance
Non-compliant provider backed by Blackrock makes changes and identifies measures to protect social housing assets
Non-compliant Heylo Housing Registered Provider (HHRP) has increased its turnover by 19% as it continues to work on a restructure to allay the concerns of the Regulator of Social Housing.
The for-profit provider, which is backed by investment giant Blackrock, increased its shared ownership housing assets from 7,404 to 7,924 homes. It said this helped it to boost turnover for the year to 30 September from £27.5m to £32.6m.
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