A special administration regime for housing associations is one of a number of options on the table as the regulator works with the government to overhaul its crisis management process and ensure social housing assets are protected.
Two stock transfer housing associations have secured private placements to enable them to refinance and free up business plan covenants.
Affinity Sutton increased its pre-tax surplus by a quarter in 2013/14 to £75m as sales income rose a third.
Thirty-four social landlords are already generating a fifth of their turnover from non-core income
While many will be happy to see the back of PFI housing, the last seven schemes will result in 5,612 refurbished and new homes.
Shared ownership first tranche sales and market activities increased by 42 per cent in 2012/13 while asset sales represented a quarter of HA total net surpluses.
It’s our job to ensure that we embrace change by building it into our strategy so that we are as robust as we can be.
As the regulator looks to change its approach to on-lending, what else might an RP do if it finds it can’t (for whatever reason) lend funds itself?
As the consultation period for the Homes and Communities Agency’s proposed changes to its regulatory framework ends, the sector should welcome the new-look rules.
Private volume constructors pay in excess of 35 per cent less than social landlords when it comes to cost of build - so what lessons can HAs learn from the commercial housebuilding sector?
Whether sourcing new finance or forming joint ventures, embedding VAT considerations into day-to-day processes can result in significant savings.