Bond aggregator GB Social Housing (GBSH) has raised £16.8m for two housing associations at 168 basis points over the reference gilt and an all-in cost of 3.876 per cent.
Swan HA’s debut £250m bond has enabled the association to refinance a £480m syndicated loan facility, resulting in the Co-operative Bank ceasing to be a lender.
Changes to the asset cover level on the £3.5bn Affordable Homes Guarantees Programme (AHGP) have been broadly welcomed by the sector.
Fund assets rally in 2013/14 to reduce exposure on local government schemes.
Contracted future work in 2013/14 increased by 29% in the UK, while £8.3bn was available to contractors.
Employee numbers have risen at a faster rate than units across the UK.
Regulator says ‘first principles’ analysis is needed for most complex businesses, despite G15 concerns over ‘prescriptive’ framework.
What do ‘record low’ all-in costs but a series of widening spreads in the capital markets mean for HA credit quality, asks Luke Cross
Price of 20-year fixed rate borrowing drops to new low as one registered provider locks in 15-year bank finance at under 2%
Despite increased asset returns, is the SHPS deficit another nail in the pension coffin?
Don’t dismiss the London Housing Bank as just another one of the 32 housing-related programmes operating in the capital - it could help reduce your risks
It was trailed as a Budget for homeowners, in particular first-time buyers, so the rest of the housing sector will feel broadly ignored once again.
Factory-built homes can offer big advantages: but what are the barriers and what’s being done to address them?
In a new Q&A series, David Eastgate sets out a number of stress test scenarios, and asks: how would your business respond?
Social Housing Roadshows
Registered providers in the North East are advised to build relationships with investors, as debate tackles asset values and ‘pushing back’ over grant levels.
Funders liken Midlands housing market to London and the South East but prioritise operational efficiency ahead of geographical location.
Investors suggest pressure on cashflows will force associations to pull back on development, while also questioning sustainability of Affordable Rent.