Section: Housing Associations

LMH asks customers to have their say on amalgamation proposals

Posted 19.06.18
Liverpool Mutual Homes (LMH): Article link

Liverpool Mutual Homes (LMH) tenants and leaseholders are being asked to give their views about proposals to amalgamate with Torus later this year.

A six-week formal consultation will give every LMH customer the opportunity to help shape plans for a new, larger North West housing group.

Consultation Packs have been sent to almost 38,000 homes owned by LMH and Torus across Liverpool City Region and Cheshire, with participants able to share their views by post, email, phone or in person by attending a local consultation event in early July.

The packs explain how a larger group would work to achieve greater impacts and influence across the three heartland areas of Liverpool, St Helens and Warrington, whilst maintaining a strong focus on tenants, customers and communities.

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Orbit raises £450 million in bond deal

Posted 11.06.18
Orbit Group: Article link

Orbit has secured £450 million in a 30-year bond deal to support its ambition of delivering 20,000 new homes over the next 10 years.

The 40,000-home landlord raised the senior secured bonds with a coupon of 3.375% and an all-in cost of finance at 3.46%.

Ratings agency Moody's recently confirmed Orbit's high A2 credit rating, changing the outlook from stable to negative to reflect its plans to increase capital expenditure.

The agency highlighted Orbit's 'strong market position in the Midlands and its healthy unencumbered asset position which enhances its borrowing capacity'.

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Clarion HG launches 'William Sutton Prize' to champion innovation for social good

Posted 01.06.18
Clarion Housing Group: Article link

Clarion Housing Group has launched the inaugural William Sutton Prize, with a prize fund of up to £20,000 on offer for individuals or organisations presenting a new concept, service or idea that can make a positive social impact on a community.

There is a prize fund of up to £20,000 on offer for both categories, with the funding provided by Clarion Futures, the charitable foundation of Clarion Housing Group.


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Reporting on June 2018

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