2020 was one of the most disruptive years in living memory and its effect will be felt long into the new year. But the impact of COVID is not the only thing that social housing providers will need to keep in mind in 2021. All of the major factors affecting the social housing sector will affect registered providers’ ability to raise finance.
As demand for social housing increases, RPs will need to ensure that they have raised enough capital to meet development plans. When thinking about capital, RPs will need to consider funds that first have to be allocated to fire safety issues. The effects of shared ownership also need consideration, particularly if increasing numbers of shared ownership properties are taken out of portfolios available for charging but only a very small fraction of the ownership has been sold. Alongside this, finance teams will need to transition existing and new facilities away from LIBOR.
Winckworth Sherwood’s Banking & Finance team hosted a webinar discussing updates on the crucial topics for treasury teams in 2021 including:
• White paper and regulation
• Negative rates
• Shared ownership
• Retrofit and building safety
• Libor transition
For further information on ESG read our recent blog post An Introduction to ESG Financing
For a copy of the slides used please email email@example.com or contact the speakers using the details below.