Monday, 26 September 2016

Sector surplus reaches £3bn

England’s largest housing associations recorded a landmark £3bn combined surplus last year as the sector became more reliant on property sales to fund new homes.

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  • Genesis records £28.7m surplus

    21 September 2016

    A north London based housing association has recorded a surplus of £28.7m for 2015/16, and built 314 new homes.

  • Peabody boosts surplus by £50m

    20 September 2016

    Peabody has boosted its annual surplus by £50m to £116m for the year, as it built 1,080 new homes across London.

  • Incommunities records £4m surplus

    4 November 2015

    A Bradford-based stock transfer landlord booked a surplus of just over £4m in the last financial year.

  • Poplar Harca increases surplus

    27 October 2015

    An east London housing association, which is seeking an exemption from the social housing rent cut, has substantially increased its surplus.

  • Gentoo reports reduced surplus of £2.3m

    16 October 2015

    A Sunderland-based housing association has seen its surplus for the year fall to £2.3m, as its tax bill increased.

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