Credit rating agency Standard & Poor’s (S&P) has reaffirmed bpha’s long-term credit rating of A+ on 27 October 2020. The outlook for the rating remains ‘negative’ due to the current economic uncertainty. In their Research Update, S&P have commented that bpha: • benefits from strong economic fundamentals and excellent asset quality• has solid EBITDA interest […]

bpha today (3 August 2020) released its financial statements for the year ended 31 March 2020, reporting a continuation of its strong financial performance.

Following a successful UK and US roadshow bpha issued a £125m Private Placement in February 2020 with UK, US and Canadian investors, with settlement dates in February and May 2020. The deal was mostly on an unsecured basis (over 90% unsecured) with a range of maturities between 10 and 20 years and an all in […]

Our Approach We are currently facing an unprecedented global health situation with the spread of the COVID-19 virus.  In these extremely challenging times the safety and wellbeing of our residents and employees remains our priority and we are doing everything we can to ensure their wellbeing and to continue to support the Government in controlling […]

bpha today (29 November 2019) released its half year financial report results for the six months ended 30 September 2019. The report shows that bpha is continuing to maintain a strong financial performance, with a social housing lettings operating margin of 42.4% (Sept 2018: 42.8%) which is in the upper quartile for the sector. It […]

bpha has retained the highest regulatory ratings a housing association can achieve following a recent in-depth assessment (IDA) by the Regulator of Social Housing (RSH). bpha was rated a G1 for governance and V1 for financial viability, reflecting the regulator’s assurance on the way we are governed and managed, and our financial stability. Kevin Bolt, […]

Credit rating agency Standard & Poor’s (S&P) has reaffirmed bpha’s long-term credit rating of A+ (negative). In their Research Update, S&P have commented that bpha: continues to have strong enterprise profile underpinned by high proportion of revenues from traditional social housing activities, its dynamic area of operation and its excellent asset quality has a strong […]

bpha has appointed Julian Pearce as its new Chief Financial Officer. Julian has spent over 20 years in a range of senior executive finance roles, most recently as Chief Financial Officer at NHS Property Services and has a strong track record as a senior executive operating at Board level. Julian has previously been a Partner […]

bpha today (16 September 2019) released its financial statements for the year ended 31 March 2019, maintaining strong operating margin of 42.6% (2018: 47.2%), with social housing lettings operating margin of 40.6% (2018: 44.3%). This was achieved along with historically high investment rates in existing and new homes, including the completion of 621 new affordable […]

bpha is pleased to announce the appointments of Dr Geraldine O’Sullivan and Shirley Pointer as Non-Executive Directors. They joined the Board in May 2019. Geraldine brings extensive experience gained within the health service, including as a Consultant Psychiatrist and as Executive Director, Quality and Medical Leadership of the Hertfordshire Partnership University NHS Foundation Trust. Geraldine […]