This Overview is a guide to the Banking & Finance content within the Social housing finance subtopic, with links to the appropriate materials.
Nearly all housing associations that raise private finance in England are regulated as ‘Registered Providers’ of social housing. This means that they are registered with the Regulator of Social Housing in England.
In England, registered providers are divided into private providers and local authority providers. The category of private providers is then sub-divided further into not-for-profit and for-profit providers. This Overview purely focuses on private not-for-profit providers of social housing registered in England since they account for the vast majority of private debt finance raised to date by English housing associations, referred to in this Overview as ‘RPs’.
Most RPs are structured as Community Benefit Societies, registered under the Co-operative and Community Benefit Societies Act 2014. A few organisations are structured as companies limited by guarantee, registered under the Companies Act 1985 or the Companies Act 2006. A number of (mainly small) RPs are structured as trusts.
Most RPs enjoy charitable status, which is an important consideration
To view the latest version of this document and thousands of others like it, sign-in with LexisNexis or register for a free trial.
**Trials are provided to all LexisNexis content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisNexis services please email customer service via our online form. Free trials are only available to individuals based in the UK, Ireland and selected UK overseas territories and Caribbean countries. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
The Financial Conduct Authority (FCA) has confirmed that the bond consolidated tape (CT) has gone live. Operated by ETS Connect UK, the CT offers a...
Companies House has updated its guidance on the identity verification standard for Authorised Corporate Service Providers (ACSPs). The changes add...
The International Swaps and Derivatives Association (ISDA), Futures Industry Association (FIA), Global Financial Markets Association (GFMA), Commodity...
The Green, Social, Sustainability, Sustainability-Linked Principles, and Climate Transition Bond Guidelines (collectively referred to as the...
The key financing terms in social housing financeThis Practice Note looks at the key legal terms which are characteristic of social housing finance transactions and which differentiate it from financing terms in any other sectors. It considers in particular typical financial covenants and other key
Priority between loss reliefs in loss making companiesWhy does it matter?A company that is a member of a group and has incurred any of the types of losses available for surrender by way of group relief may, without any further rules, have more than one way in which to use the loss. There are a
If a rentcharge is shown as being informally exonerated on title information, does this apply to the current registered owner? Or does the informal exoneration only apply to the parties to the document which informally exonerated the rentcharge?This Q&A considers the situation where, at some
Can shares in a limited company that have not been paid-up at all be cancelled?A limited company having a share capital may not alter that share capital, except in the ways listed in section 617 of the Companies Act 2006 (CA 2006). Shares in a company cannot simply be cancelled without following an
0330 161 1234