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Regulator probes HAs due to Brexit
The English social housing regulator is probing housing associations that are particularly exposed to a housing market downturn following the Brexit vote. In the…
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Audit firms agree mutual interprestation of FRS 102
Five of the sector’s major auditors have agreed to a liberal interpretation of new accountancy rules, ending an impasse which had threatened to add…
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HCA reveal regression analysis to look at landlord costs and target IDAs
Homes and Communities Agency research has shown large, unexplained variations in operating costs between different English housing associations, Julian Ashby has revealed. According to…
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Lending to HAs could be limited by new rules
Bank lending to housing associations could be limited by new proposed rules, a trade body has warned. According to Inside Housing: “The Intermediary Mortgage…
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Bank of England suggests limits for buy to let landlords
Buy-to-let landlords should face new limits on the amount they can borrow, the Bank of England has proposed. It suggested that lenders should be…
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Lenders pressurise fo changes in housing and planning bill
Ministers are set to change the Housing and Planning Bill following concerns that a new system of managing sector insolvencies would lead to lenders…
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HAs agree temporary understanding with lenders over new accountancy rules
Many housing associations are relying on ‘temporary understandings’ with lenders to prevent new accountancy rules leading to re-pricing. Housing associations will publish year-end accounts…
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HCA monitoring finance deals at HAs
The HCA is monitoring associations’ exposure to swaps after last week’s financial turmoil lead to gilt rates plummeting to an all-time low. Inside Housing said:…
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Deregulation – what is the cost?
The methodology used to value social housing could face a “fundamental review” when government changes come into force in April. Valuers are currently engaged…
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DCLG agreed a 8% cut a year for the next 4 years
The Department for Communities and Local Government is one of four departments to have agreed to average savings in budgets today. The departments has…
