Confidence in Social Housing Sector Retained with £3.5 Billion New Funding

Latest figures from the Tenant Services Authority (TSA) show that the regulated housing sector has retained the confidence of major lenders with £3.5 billion new funding arranged in the last financial year, with £1.5 billion of this put in place in the final quarter. Investors in the capital bond markets also continue to see the sector as a sound investment, with bond issues contributing almost £1 billion to the total figure. This means that 99% of the money required by housing associations to fund business plans, including building new homes, over the coming 12 months is already in place. Read more on the TSA website.