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Giant investor targeting housing sector
A giant private investor is targeting “market transformation” of the affordable housing sector, as it throws its £5bn weight into building cheap rented housing…
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Missed financial deadline – HCA names culprits
The English social housing regulator is now naming smaller providers which have missed financial reporting deadlines as part of a new ‘transparent’ approach. According…
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Concerns over credit rating of houisng organisations
A major credit rating agency has put the sector on a negative outlook following a series of ‘adverse’ government policy decisions, including the social…
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Pensions of £32m to be found by HAs
Landlords will be required to increase pension contributions by a total of almost £32m from next April, as details emerged of the deficit reduction…
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Regulator to launch deep dive assessments into HAs at risk by rent cut
The housing regulator will launch deep dive assessments into the housing associations most at risk from George Osborne’s ‘devastating’ rent cut – as landlords…
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ONS threat to viability of HAs
Government policies risk pushing housing associations’ £60bn of debt onto the public balance sheet, the Office for Budget Responsibility (OBR) has warned. According to…
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European judgement on VAT may impact on HAs
A European Court of Justice (ECJ) judgement published last week could cost the social housing sector tens of millions of pounds in extra Value…
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Costs sharing for VAT reductions in HAs
Housing associations may get more involved in cost-sharing schemes to reduce tax bills, the National Housing Federation (NHF) has said. According to Inside Housing: “Only…
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New accountancy standard – the pilot
A pilot scheme to devise a method of reducing the impact of new accountancy regulations on housing associaitons has completed. Accordng to Inside Housing:…
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Regulator downgrades to V2 on financial viability
The English social housing regulator is downgrading more landlords’ financial viability ratings as it anticipates a riskier operating environment for the sector. According to Inside…
