Section: Social Landlords

Blog Watch: Building bridges (and homes!) in the Sheffield city region

Posted 09.12.16
Tony Stacey, Chief Executive of South Yorkshire Housing Association (posted on the NHF website): Blog link

From a standing start less than a year ago, housing providers have come together in the Sheffield City Region to agree a Compact which sets out how they will work together.

Tony Stacey's blog looks at the progress made on the two objectives set at the outset - ramping up new supply and ensuring our services continued to be targeted at the most vulnerable.

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Peabody and Family Mosaic to merge

Posted 08.12.16
Peabody: Article link

Peabody and Family Mosaic have agreed to merge. The new single housing association and all subsidiaries would still be called Peabody and, on completion of the merger, will provide 55,000 homes to residents across London and the South East.

The boards of Peabody and Family Mosaic both believe that a merger would enable the two organisations to make improvements and add more services, providing better value for money to residents and other stakeholders.

The larger group would also have better resources to build more homes and provide local community services, including helping more people into work through training, apprenticeships and volunteering.

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L&Q and East Thames announce successful merger completion and refinancing

Posted 07.12.16
L&Q: Article link

L&Q and East Thames housing associations have announced the completion of their merger, and a successful £2.6 billion refinancing package to help support delivery of their strategic objectives.

The ten-year financial plan allows for £15 billion gross capital expenditure in building new homes.

The merged organisation plans to create a new 6,600 home specialist care and support subsidiary with an annual turnover of £47 million to provide a dedicated offer to older and vulnerable adults.

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Quarterly Survey for Q2 (July to September) 2016 to 2017

Posted 05.12.16
Source: Report link

The quarterly survey report is based on responses from 239 private registered providers (PRPs) and PRP groups who own or manage more than 1,000 homes.

The survey is a key regulatory return in assessing the risks to PRPs' business plans and their compliance with economic regulatory standards.

The survey provides a regular source of information regarding the financial health of PRPs, in particular with regard to their liquidity position. The quarterly survey returns summarised in this report cover the period 1 July 2016 to 30 September 2016. Where any information received through the quarterly survey indicates a potential concern, this is followed up with providers.

KeyFacts

Housing Monthly Diary



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Reporting on December 2016

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