In the week commencing Monday 20 November 2023 the Regulator of Social Housing (RSH):
- published its Quarterly Survey report for the period from July to September 2023. Launching the report, Will Perry, Director of Strategy at the RSH said “Social housing providers continue to operate in a very challenging economic climate, and they need to maintain a strong focus on risks and deploy mitigations when needed. Providers must be prepared for further increases in interest payments and operating costs, particularly if they currently have high levels of cheap, fixed rate debt. Boards will want to make sure they don’t delay investment in new and existing homes while they manage their cash and covenant positions carefully”