Investors
Our investors are key to achieving our goal of creating places where everyone feels proud to live.
Centred in Bedford, we own or manage over 20,000 homes across the Oxford to Cambridge corridor and employ around 500 people.
We operate in some of the most expensive housing areas in the country where house prices can reach up to 10 to 12 times the average salary.
95% of our turnover comes from social housing activities.
Our 23/24 performance at a glance
Underlying operating surplus
£56m
Social Housing Lettings EBITDA MRI ((% of interest payable and similar charges))
131%
Operating margin on core operating business
40%
Credit rating from Standard & Poor’s
A+ (stable)
Regulator of Social Housing viability rating
V1
Regulator of Social Housing governance rating
G1
