Six housing associations in financial fears

Six housing associations (HAs) have been placed on a regulator’s ‘watch list’ as they faced ‘more risks than usual’ in the next six months, warned the head of the Tenant Services Authority, Peter Marsh. Concerns are growing about the financial security of HAs because of falling house prices and the lack of debt financing and mortgage availability. However, Mr Marsh insisted that associations remained a good place for long-term investment.