Fortis Living became the latest housing association to take advantage of historically low gilt yields earlier today (Friday) when it secured £20m of long-term government-guaranteed debt at 2.204 per cent.
Moody’s has affirmed its ratings on around £480m of Places for People (PfP) bond debt.
The chair and vice-chair of the UK’s first municipal bonds agency have been announced ahead of its planned launch.
Only Northern Ireland sees unit numbers increase ahead of emoluments.
Two-bedroom properties in borough of Westminster prove most costly in England
Sales across England fell by 10 per cent in the last financial year, with a slowdown in supply in the capital resulting in the largest decreases.
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.
Setting up a special purpose vehicle (SPV) for a bond issuance can bring benefits - but some RPs will find it’s their only option.
Important lessons can be learned from innovative councils working to tackle the affordable homes crisis.
Contributing more to cross-tenure housing supply brings consequent risks: increased exposure to a housing market which is inevitably cyclical.
Being able to spread building costs across five years instead of three gives welcome breathing space.
A round-up of the tax changes that will help the sector.