Councils 'in talks' with RICS over alternative to EUV-SH valuation method
CIPFA suggests ditching mainstream valuation formula in favour of 'more stable' method read more
TSA forecasts drop-off in funding demand
New funding being arranged by the sector is dropping off as providers' demand reduces, according to research by the TSA read more
In Brief
New Charter HT borrows £60m from Nationwide and RBS; Chester & District HT joins Cosmopolitan HG read more
New post-2015 development funding models 'must circumvent RPs' gearing covenants'
The housing sector needs to flesh out ideas on how to deliver new development without grant beyond 2015, HCA deputy chief executive Richard Hill told delegates at Social ... read more
For-profit RPs to face TSA accounts control
The TSA is to assert control over private developers' accounting rules for the first time read more
Hastoe wins 'Aa3, stable' rating from Moody's and plans bond issue
Hastoe readies bond issue after receiving public credit rating. ALSO: London & Quadrant HG sees 'AA-, positive' rating re-affirmed by Standard & Poor's; Moody's confirms ... read more
M&G launches £200m institutional investment fund to compete with banks
A major housing sector bond investor has launched a £200m fund to invest in housing association registered providers via private placements read more
Councils' bond market 'could still take off'
The local authority bond market is set to take off despite recently-increased competition from the Public Works Loan Board, according to one funding expert read more
VAT on cost-sharing groups abolished
The government is to abolish VAT on charities' shared back-office services, in a move which could significantly cut housing associations' costs read more
HCA allocates £343m to deliver 18,711 units
A further £343 million was allocated by the Homes & Communities Agency in November and December, taking its total allocations for the Affordable Homes Programme 2011-15 to ... read more
Sector's record £1bn surplus driven by £140m drop in pension liabilities
Housing associations made more than £1bn in net surpluses in 2010/11, including a £140m gain from changes to their staff pension schemes read more
Conference In Brief
Right To Buy could generate £1bn development funding; benefit changes could hit sector's credit rating; new funding models; inflation forecast to fall read more
Northern Ireland Housing Executive again criticised by auditor over control weakness · 02-11-2011 · Kate Allen, Social Housing magazineGenesis HG: asset sales used to fund interest payments and £21m impairment · 02-11-2011 · Kate Allen, Social Housing magazineTHFC £100m issue offsets rising margin with low gilt · 02-11-2011 · Kate Allen, Social Housing magazine£10bn finance needed to deliver development plans · 06-10-2011 · Kate Allen, Social Housing magazine