Sovereign sees housing delivery numbers drop

Sovereign Housing Association

South-west based HA reports sharp fall in housing completions in first quarter of financial year

The number of homes built by major developing housing association Sovereign has fallen by a quarter in the first three months of the 2022/23 financial year, according to a trading update.

Sovereign said it built 125 homes in the quarter to June this year, down 24.7% on the 166 built in the first quarter of the previous year.

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