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United Kingdom2024-06en

Quarterly survey for Q4 2023-24

Summary

The UK's social housing providers face increasing pressure on cash resources due to record expenditure on existing stock and historically low cash interest cover. The Regulator of Social Housing monitors the financial health of these providers, engaging with those at risk, while providers are deferring development and securing loan covenant waivers to manage their positions. The sector is seeing high levels of investment in new finance, but also increasing debt and significant spending on repairs, with overall financial stability remaining a key focus for ongoing management.

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