Effect on our services & advice for residents Coronavirus: information for residents

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
  • Strong regulatory framework and stable operating environment

Credit Challenges

  • Debt levels expected to remain structurally high
  • Exposure to market sales remains in short term
  • Weak social housing interest coverage
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