Thursday, 21 August 2014

Financial Stability in the Social Housing Sector Continues

The social housing sector continues to demonstrate its financial stability, and has access to sufficient finance, according to the latest quarterly survey (2014/15 Quarter 1) published by the Homes and Communities Agency. Overall the sector is in a strong position in relation to its future financing needs with £13bn of undrawn borrowing facilities and £4bn held in cash. As the regulator of social housing providers, the HCA undertakes a quarterly survey of housing providers to establish the levels of exposure to a range of risks faced by the sector. This report is based on a survey of all private registered providers owning and/or managing more than 1,000 homes for the quarter ending 30 June 2014. Read more on the HCA website.

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