bpha retains highest viability ratings
19 December 2024
We are very pleased to have retained the maximum Governance (G1) and Financial Viability (V1) judgments from the Regulator of Social Housing. This follows our credit rating of A+ (stable) being reaffirmed in October 2024 by the rating agency Standard and Poor’s.
Chief Financial Officer, Julian Pearce said: “The ratings demonstrate the strong foundations we have in place to perform resiliently in the face of continuing market pressures. Our financial stability and effective governance allow us to continue to provide and invest in good, sustainable homes and services for local people over the long term.”
The Social Housing Regulator said:
“We reviewed a range of documents provided by bpha to help us form a judgement about how well the landlord is delivering the viability outcomes of our Governance and Financial Viability Standard. Based on the relevant information and evidence we reviewed in carrying out the stability check, our judgement is that bpha meets our viability requirements and has the financial capacity to deal with a wide range of adverse scenarios.”
For more information on bpha, see our half year report.
