Shire Housing Association demonstrates long term funding appetite remains

Shire Housing Association engaged ATFS to advise on procuring new funding to refinance existing debt, enable future expansion and to enhance existing office and tenant facilities. A legacy loan facility was also frustrating Shire’s future business planning decisions due to restrictive covenants. ATFS reviewed Shire’s business plan and funding requirements, established key objectives, assessed available…

ATFS advises Hillcrest Homes on successfully raising £50m with extremely competitive terms despite uncertain market conditions

Hillcrest Homes engaged ATFS to advise on a funding strategy to deliver the largest development programme in the association’s history. Critical to future delivery is the securing of a £50m 25-year funding facility at very competitive rates, provided by long-term funding partner RBS. In 2018 Hillcrest raised £70m via a Private Placement, which has supported…

Be aware of your management style in lock-down

As we move into the eighth week of lock-down, conversations with contacts, colleagues, friends and family are starting to include reflections on the differing experiences of working remotely. An emerging and reoccurring theme in these interactions is around the approaches being taken by line managers, and more particularly management styles and communication. Many of us…

Our parent company: Aquila Services Group – commitment to tackling climate change

Making a better, more sustainable and socially responsible world Aquila Services Group (Aquila) has today announced its commitment to become carbon neutral. Aquila is a 90 strong multinational consultancy group, working across a range of socially minded sectors, and with a core purpose of Making a better, more sustainable and socially responsible world. The announcement marks…

Goodbye Libor, Hello Sonia

The publication of the London Inter Bank Offered Rate (Libor) will end by 31 December 2021. This will have major implications for housing association loan books throughout the UK. This note summarises those implications and looks at what actions housing associations need to take in preparation for the change. Download the ATFS full briefing for…