Fitch credit rating reaffirmed as A- with a stable outlook

Due to high inflation, higher interest rates, general economic prospects and the likelihood of a rent cap in 2023, it will continue to be a tough environment to ensure we remain financially robust, with the headroom to withstand shocks.
The further government spending review announcement on 17 November is also likely to bring further challenges. However in spite of this difficult operating context, we are pleased to have had our credit rating reaffirmed by Fitch at A-, with a ‘stable’ outlook.

This means there is confidence in our ability to ride the financial storm due to our prudent approach to financial risk management and our focus on maximising investment in our services, people and homes within these constraints.