Income Management


Vivid seeks US investors following merger completion

28/04/2017 | By Nick Johnstone

A new 30,000-home social landlord is in talks with foreign investors about loans of up to £200m as it scales up its development ambitions.

housing finance

Hyde issues £400m bond at 3% interest rate

27/04/2017 | By Pete Apps

A London housing association has issued a £400m bond at an interest rate of 3%, putting it among the cheapest individual deals secured in the sector.

Sanctuary Group secures European Investment Bank funding

Bristol launches £57m grant package for local associations

27/04/2017 | By Nathaniel Barker

Bristol City Council will launch a £57m package of grant funding for local social landlords today as it seeks to boost affordable housing in the city.

A2 Dominion issues £150m retail bond

Clarion reports reduced surplus to investors

26/04/2017 | By Pete Apps

The UK’s largest social landlord is expecting a reduced annual surplus this financial year due to a planned smaller sales programme.

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Lenders need 'assurance' over modular homes, CML says

26/04/2017 | By Nick Johnstone

Banks need “assurance” over the longevity and viability of modular homes as the government seeks to increase offsite housebuilding, the Council of Mortgage Lenders (CML) has said.

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housing finance

Hertfordshire housing association secures £65m Lloyds lending

24/04/2017 | By Nick Johnstone

A South East social housing provider has secured a £65m funding package from Lloyds Bank Commercial Bank to help deliver plans to build 800 new houses.


Newly merged association retains credit rating

21/04/2017 | By Pete Apps

A newly merged housing association has retained its strong credit rating.


Snap election unlikely to halt bond deals, experts say

18/04/2017 | By Nick Johnstone

The snap general election on 8 June is unlikely to have the same chilling impact on the housing association bond market as the 2015 poll, finance experts have said.

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Social housing REIT makes £11.5m purchase

18/04/2017 | By Nick Johnstone

Civitas Social Housing has bought a portfolio of social housing stock for a total consideration of £11.5m, yielding 6.3%.

For single use only on 13 April 2017

Where the axe will fall Video

13/04/2017 | By Pete Apps , Sophie Barnes

Pete Apps and Sophie Barnes assess the potential impact of the forthcoming cut to housing benefit for young people

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Investment group launches supported housing joint venture

10/04/2017 | By Luke Barratt

A giant investment group has launched a joint venture to buy up new build supported housing schemes for people with learning disabilities.


Councils receive new powers to fine 'rogue' landlords

06/04/2017 | By Luke Barratt

Councils will receive new powers to deal with rogue landlords from today, the government has announced.

Westminster Big Ben

Government rejects committee recommendation over Right to Buy funding

05/04/2017 | By Nathaniel Barker

The government has chosen to ignore a select committee’s recommendation that the Right to Buy for housing association tenants should be funded nationally rather than by a levy on councils.

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Octopus returns to housing with retirement scheme

05/04/2017 | By Luke Barratt

The private investor that recently disbanded its affordable housing venture has launched a new £200m business to provide homes for retirees.

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Investors: associations should publish half-yearly accounts

29/03/2017 | By Pete Apps

Housing associations should publish half-year accounts and report all market-sensitive disclosures on their website to comply with the needs of investors.

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Scottish housing associations use majority of loan facilities

28/03/2017 | By Sophie Barnes

Scottish housing associations drew down 86% of the loan facilities available to them in 2015/16, according to the Scottish Housing Regulator.

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AHF bond breaks £1bn issuance barrier

28/03/2017 | By Nick Johnstone

The Housing Finance Corporation (THFC) has priced an £88m tap of its second long-term bond under its government-backed finance scheme today, bringing the total bond to more than £1bn invested for the first time.


DCLG announces £16.5m capacity fund allocations

28/03/2017 | By Nathaniel Barker

A new £16.5m round of funding for councils to support housebuilding has been announced by the Department for Communities and Local Government (DCLG).

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DCLG opens talks with associations over rent setting post-2020

28/03/2017 | By Pete Apps

Civil servants have opened talks with the sector over rent setting post-2020, with a return to an inflation-linked deal among the options discussed.

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Bond aggregator completes first deal since 2015

24/03/2017 | By Pete Apps

A bond aggregator has completed its first deal for more than a year, with a £40.2m bond for four housing associations.

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Barwell: 5% of Starter Homes Land Fund invested

24/03/2017 | By Sophie Barnes

The government has invested 5% of its £1.2bn Starter Homes Land Fund in 27 sites, the housing minister has revealed.

Shared ownership keys house buy

Shared ownership company buys housing association

23/03/2017 | By Pete Apps

A shared ownership specialist company has bought a housing association, as it seeks £1bn of institutional investment to fund new homes.

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Moody's: sales exposure to rise in future years

21/03/2017 | By Pete Apps

Debt, capital expenditure and exposure to the sales market will all rise as housing associations step up their development in the coming years, Moody’s has said.

Moody's warns credit rating

Association debt to exceed £80bn by 2019

21/03/2017 | By Nick Johnstone

Ratings agency S&P has said that housing association debt will exceed £80bn by 2019.


Barwell: West Midlands 'strong contender' for Right to Buy pilot

20/03/2017 | By Nick Johnstone

Gavin Barwell has said the West Midlands is a “strong contender” for the regional pilot scheme of the Right to Buy extensison.


Government shifts funding focus to greatest homelessness demand areas

16/03/2017 | By Sophie Barnes

The government has announced that £402m of funding over the next two years will be targeted at the councils with the greatest homelessness demand.


HCA agrees loans for 10,250 homes

16/03/2017 | By Nathaniel Barker

The Homes and Communities Agency has agreed two loans with developers totalling £98.8m to kick-start projects which will provide 10,250 new homes.

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Right to Buy sales pass 50,000 since discounts raised

16/03/2017 | By Sophie Barnes

Councils sold more than 3,000 homes through the Right to Buy in the final quarter of 2016, taking the total sold under large discounts to over 50,000.


S&P: deregulation 'will not damage credit ratings'

15/03/2017 | By Pete Apps

Impending deregulation will not damage credit ratings for English housing associations, a major ratings agency has confirmed.


Council company targets institutional cash

15/03/2017 | By Nick Johnstone

Croydon Council’s housing company Brick by Brick is expected to launch a bid for institutional investment over the next six months – to finance its ambitious development plans.


Economic sentiment among associations 'at highest point since crash'

15/03/2017 | By Pete Apps

Economic sentiment among housing associations is at its highest level since the financial crisis, with landlords scaling up delivery plans despite the looming threat of Brexit.

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Scottish Government announces £590m affordable housing funding

13/03/2017 | By Sophie Barnes

The Scottish Government will make £590m available this year to increase the supply of affordable homes in Scotland.

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PfP launches fund management arm with £150m acquisition

10/03/2017 | By Pete Apps

A housing association has launched a new fund management business with an acquisition of 1,379 units valued at £150m.  

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Associations will not build supported housing without LHA cap certainty

10/03/2017 | By Sophie Barnes

Housing associations will not spend government funding earmarked for supported housing schemes unless more certainty is given over the Local Housing Allowance cap.

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Government moves grant funding forward a year to improve borrowing outlook

08/03/2017 | By Sophie Barnes

THE BUDGET: The government has moved £200m in housing association grants forward a year, which has helped lower its borrowing outlook from the Office for Budget Responsibility (OBR).

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Government will not legislate for Right to Buy extension

07/03/2017 | By Sophie Barnes

The government will not legislate to force councils to extend the Right to Buy to affordable homes built through their housing companies.

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Scottish parliament

SFHA warns Scottish DHP budget will be 'overwhelmed'

06/03/2017 | By Sophie Barnes

The Scottish Government has increased Discretionary Housing Payment (DHP) funding to almost £58m to mitigate the impact of welfare cuts in the first year it has control over DHPs.

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young homeless homelessness youth

Under-21 housing benefit cut 'could place 9,000 at risk of homelessness'

06/03/2017 | By Pete Apps

Removing housing benefit from young people could see 9,000 left unable to access accommodation and placed at risk of homelessness, a charity has estimated.

Gavin Barwell

Barwell under pressure over £800m Right to Buy receipts kept by Treasury

02/03/2017 | By Pete Apps , Sophie Barnes

Gavin Barwell is facing pressure to allow councils to retain the full receipt from Right to Buy sales, as it emerged £800m has been siphoned off by the Treasury.


Three quarters of associations want rent freedom

02/03/2017 | By Nathaniel Barker

More than three quarters of housing associations support having rent freedom, a National Housing Federation survey has found.

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