The Regulator of Social Housing (RSH) has published its 2022 Global Accounts of Private Registered Providers.  The Global Accounts cover the period to 31 March 2022 and are based on a database of information derived from housing providers’ financial statements.

In publishing the Global Accounts the RSH said: “The sector had strong liquidity and continued to secure new finance in the year. However, record levels of spend on existing stock resulted in lower operating margins and levels of interest cover. The economic backdrop has since become significantly more challenging with higher inflation, higher interest rates and a softening housing market. These trends have continued into the current financial year”.