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

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