Our financial position
Sovereign is one of the largest housing associations in the country, managing more than 55,000 homes across the south and south west.
We have a strong business plan, and are committed to using our financial capacity to grow the business and provide new homes. To meet our aims we need a diverse range of funding which is cost-effectively structured to provide the necessary investment funds and maintain liquidity. This includes an appropriate mix of bond and bank finance, while most recently we secured a £150m loan facility with the European Investment Bank (EIB).
Our strategy remains one of steady growth, with investment seeking to maximise the benefits to our residents, our communities and our business.
Our growth and financial resilience has resulted in a strong balance sheet and business plan, giving us choices in how we provide more homes for people in need.
Our ratings and assessments
Sovereign has some of the strongest ratings in the sector.
We were awarded the highest ratings possible by the Housing and Communities Agency (HCA) for both governance and viability in an interim regulatory judgment in January 2017.
Annual Funders' day
We hold an annual Funder's Day in October where current and potential investors have the opportunity to meet our Executive Board and hear about our performance and future strategy.
Get in touch
If you want to get in touch to talk about our funding strategy, or to find out more about our annual Funders' Day, please contact Mark Hattersley, our Chief Financial Officer or Philip O'Brien, our Treasury Director.