“The rating reflects the Group's strong financial position, its geographic distribution, stable and experienced management team and the well-regulated environment in which Registered Social Landlords operate. Moody's views the Group's well-diversified asset stock as a key credit strength. Sanctuary is one of the few English social housing providers to boast a truly nationwide presence,” reported Moody’s.
David Bennett, Managing Director of Sanctuary, said today, “These are some of the highest ratings achieved in the UK housing sector. They are a reflection on the commitment of the entire Sanctuary team and a clear acknowledgement that we have built a robust, successful and valuable business.
We first took a Standard and Poor’s rating in [1994] and understood we were the first Housing Association to be given a formal credit rating. In [2002] we took a Moody’s rating. The high quality ratings we have achieved further reinforce our reputation with capital providers, especially with regard to future fund raising.”