Luke is editor of Social Housing
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The European Investment Bank’s (EIB) vice president has said it is still ‘business as usual’ across its £1bn UK social housing loan pipeline, irrespective of the recent vote in the House of Commons to trigger Article 50 and commence ‘Brexit’ negotiations.
The social housing sector had ‘a solid year of investment underpinned by strong in-year financial performance’ in 2016, according to the regulator’s latest analysis of accounts.
Housing associations have reported a wide range of average unit costs, with some particularly impacted by the type of stock and services they provide and how their group is structured.
- Handful of housing associations drive rise in sales as new debt transactions fall by half
- Social housing rents rose 3.8% per unit last year, says global accounts report
- Over 240 associations sign up to efficiency scorecard pilot
- North-east merger to create 23,500-home regional housing group
- Blackrock 'open for business in social housing' after first direct loan
- L&Q paid £439m in break costs on swaps as part of £2.6bn refinancing
- Interview: drivers behind Derwent joining Places for People