Cost of Funds
Housing associations’ average cost of funds fell slightly in the last financial year to 4.59 per cent.
HAs continue to refinance legacy loans via debt capital markets.
The average cost of funds has reached 4.54 per cent for the largest 130 housing associations in the UK, suggesting the bottom of the debt market for the sector.
The downward trend in the sector’s cost-of-funds picked up speed in 2011/12 as the average interest paid on the total debt in our analysis dropped 11 basis points (bps) from 4.66 per cent to 4.55 per cent.
A detailed look at what landlords’ borrowings cost them in 2010/11
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.
Bank lending to social housing providers increased in both Wales and Scotland in the 2012 financial year, according to the latest official figures seen by Social Housing.
Comprehensive list of private finance deals in 2008, including cost of funds data.