Social Housing Sector Remains Attractive To Lenders

The social housing sector remains attractive to lenders with 92% of registered providers having debt facilities in place for the next 12 months or more, according to the latest quarterly survey (2014 to 2015 quarter 2) published by the HCA. 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 31 December 2013. The report concludes that new finance continues to be raised with 51% of the £1.7 billion new facilities in the quarter coming from the capital markets; while a significant amount of cash is available to the sector to cover operating and development costs. Read more on the HCA website.