Investing in the things that matter

Sovereign is one of the largest housing associations in the country

Our strategy is to continue to grow, staying financially strong through good governance and performance management so we can invest more in the things that matter - building more homes and making better places. 

To achieve our commercial and social goals, 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.

Our ratings and assessments

Sovereign has some of the strongest ratings in the sector. We were awarded the highest ratings possible by the Regulator for Social Housing for both governance and viability following in an In-Depth Assessment in April 2018.

Moody's: A2

Standard & Poor's: A+

Regulator of Social Housing: G1 V1

Value for Money Statement

We produce a Value for Money statement annually, setting out how effectively and efficiently we use income generated through our operations and via external funding, including examining areas where we’re looking to make improvements to our performance.

The statement uses standard performance indicators to allow comparisons to be drawn between us and the rest of the sector. There are varying sizes and operational complexities within housing providers, so, to provide a clearer comparison we’ve chosen five other Housing Associations of a similar size and nature to benchmark ourselves against. Providing value for money is at the centre of everything Sovereign does, and is integral to our Corporate Plan.

Read the Value for Money Statement.

Our Environment Social Governance (ESG) report

To find out more about how we’re meeting our strong commitment to building sustainable homes and places, our desire to maintain strong, ethical governance structures; and the ways that we’re creating a supportive environment for our diverse employees and customers read our new ESG report.

Treasury communications

Annual report and latest quarterly statement

View our accounts and reports from previous years over on our Corporate publications page.

You can also read more about our operational and financial performance in our Quarterly Update

Annual Funders' Day

We hold a Funders' Day in Q3 every year where current and potential investors can meet our Executive Board and hear about our performance and future strategy.

Public debt issuances

Sovereign Housing Capital plc, a wholly owned subsidiary of the Registered Provider (RP) Sovereign Housing Association Ltd has issued Medium Term Notes (MTN) as follows:

Date issued Maturity Date

 Issued Amount


 Interest paid


 2009 2039 £175m 5.705% Semi-annual 10 September / 10 March
 2012 2043 £250m 4.768% Semi-annual 1 June / 1 December
 2019 2048 £375m 2.375% Semi-annual 4 May / 4 November


Quarterly performance reports