It’s been a challenging year for housing providers with a volatile economic environment, higher costs of debt and the cost of living crisis. Many housing providers pressed pause on raising new funds and significantly scaled back on their development plans in 2023.

But looking forward what’s on the agenda for housing in 2024 and what should you be doing to get ready?

A change in government? 

 Housing will be at the top of the political agenda for the upcoming general election. Tenant voice, damp and mould, temporary accommodation and the scarcity of affordable housing are likely to be topics that will dominate the national conversation in the run up to the election and beyond.

Housing providers will be in the spotlight more than ever before and will need to have a strong narrative to tell. RPs (Registered Providers) should not be afraid to focus on delivering services to their communities even with limited resources.

Housing Forward View 2024

In this Housing Forward View our experts consider the current landscape of pressing issues in the housing sector and make predictions how the environment may be shifting in the future:

• Finance
• Governance
• Building safety
• Housing development

How Capsticks can help

Our team of experts will be monitoring developments in housing throughout the year and will keep our clients up to date on the themes set out in this Forward View and any other key developments arising in the sector. You can keep up to date on the issues which matter to you via our insights, podcasts, webinars and in person events.

Capsticks’ aim is to be the firm of choice for those that make a difference. We advise over 200 RPs of varying size and location across the country on all areas of housing. Our specialist advice is pragmatic, timely and cost effective.

We offer the following range of services:

• social housing finance (including loans and intragroup arrangements)
• setting up and maintaining covenant matrixes
• Capital Markets advice including advising on own name bond issues, private placements, setting up EMTN programmes and annual updates of existing programmes
• green, social and sustainable financing (including green/sustainability linked/social loans and bonds)
• assistance with non financial reporting including SRS and ISSB and setting up sustainable finance frameworks/ESG policies
• advising on security arrangements (including security trust deeds)
• merger advice including due diligence, advise on structures and harmonisation of loan portfolios
• all forms of corporate structuring, including setting up and advising on joint ventures and other partnership arrangements
• setting up and registering for profit registered providers, other registered providers and charitable foundations
• regulatory compliance work, including IDA preparation and compliance with the new consumer standards
• governance review work, including board effectiveness reviews
• funds advice.