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S&P expects £17bn in new debt deals for housing providers

Analysts at the ratings agency expect social housing providers’ borrowing to jump between now and early 2021

Housing associations in the UK are likely to flood the debt capital markets during the coming years to fund a rise in housebuilding, according to analysts at S&P.

The rating agency expects social housing providers to take on £17bn of new debt between now and the end of March 2021, equal to a rise of 7% each year. In 2017 and 2018, borrowing grew by about 4% annually.

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