In the week commencing Monday 3 June 2024 the Regulator of Social Housing (RSH):
- published its Quarterly Survey report for the quarter to 31 March 2024, which reads “Providers must be prepared to handle any further increases in interest payments and operating costs, particularly if they have previously benefitted from relatively low fixed-price contracts or debt. The challenge of balancing stock decency and remediation requirements with the need to invest in decarbonisation measures and the construction of new homes will continue, and providers must be able to identify areas where covenant headroom or liquidity may be restricted and ensure that contingency plans and mitigations remain robust”