Effect on our services & advice for residents Coronavirus update

Credit rating: A3

Our latest A3 credit rating issued by Moody's demonstrates a stable outlook, our strong financial position, well-diversified housing stock and experienced management team. Full credit opinions can be viewed below. Moody's noted the following in their most recent review:

Credit Strengths

  • Strong operating margins
  • Market niche as a rural housing specialist
  • Supportive institutional framework in England

Credit Challenges

  • Debt levels expected to moderate as a result of a ramped-down development programme, but remain higher than peers
  • Weak social housing interest coverage
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