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New figures out today illustrate the stress the social housing system is under. "The metric means that the sector is generating just 87p in underlying cash per pound of interest after major repairs are taken into account". www.insidehousing.co.uk/news/sectors...
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The sector’s average interest cover has fallen due to a small number of very large providers, according to a new report from the Regulator of Social Housing.
www.insidehousing.co.uk
Sector’s average interest cover dragged down by small number of large providers, RSH report says
The Housing Forum