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Worry over HA finance
A 46% surge in financial commitments since 2012 could leave landlords struggling to raise the necessary finance without breaching covenants. According to inside Housing:…
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80% of top 60 HAs pay Board Members
More than 80% of the top 60 housing associations pay board members, with the average chair paid just under £18,000. Inside Housing reported: The…
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Low inflation could be a problem for HA business plans
Tumbling inflation could force housing associations to reconsider business plans and eventually scale back on development, it has been warned. According to the CIH:…
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The 2015 budget as it applies to Housing
The Chancellor’s budget on 18 March included measures that have implications for the housing sector. There are a number of opinions on the strengths…
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HA surpluses reach £2.4billion
The housing association sector has increased its combined surplus to a record £2.4bn, which will help fund the development of 285,000 new homes over…
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Investors line up to fund housing
A merchant bank has assembled a group of institutional investors to pour tens of millions in equity funding from around the globe into the…
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Government launch consultation on borrowing for stock transfer HAs
A consultation on increasing the borrowing capacity of stock transfer landlords has been published by government. According to Inside Housing: In the Autumn Statement,…
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HAs under fire for lack of financial transparency
Housing associations have come under fire in a think tank report for a lack of financial transparency. According to Inside Housing: Transparency Begins at…
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Proposal for a housing investment bank
Party President Tim Farron, speaking at the Liberal Democrat autumn 2014 conference, announced a proposal to create a Housing Investment Bank and the development of a…
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HCA to outsource Financial Viability Assessments
The English social housing regulator is to outsource viability assessment work for up to 40 housing associations to consultants because of staff shortages. According…