SummaryPlease join our webinar where the Social Housing team at Chatham will discuss the key themes relevant to housing associations as we enter 2021.
- Market and economic outlook
- Housing association credit risk
- Banking update
- Capital markets overview
This material has been created by Chatham Financial Europe, Ltd. and is intended for a non-U.S. audience. Chatham Financial Europe, Ltd. is authorised and regulated by the Financial Conduct Authority of the United Kingdom with reference number 197251.
Our featured insights
Expert conversation with Matt Henry and Jackie Bowie
Matt Henry, Chatham's Managing Partner and CEO, sat down with Jackie Bowie, Managing Partner and Head of Europe. In this interview, Jackie discusses macro and micro economic issues and trends that the U.K. and Europe could be facing going into 2023 and 2024.
Semiannual Market Update for Real Estate
Commercial real estate markets face economic headwinds from higher inflation and rising interest rates brought on by hikes from central banks. How should CRE borrowers position their portfolios with the market forecasting a recession? In this webinar, Jackie Bowie and Rob Mangrelli will discuss...
Hikes continue but signs of easing on the horizon?
On 2 February, the European Central Bank (ECB) voted for a further 0.50% interest rate increase in a move widely expected by markets following the hawkish stance of ECB policymakers at the prior meeting. Core inflation remained steady at 5.20%, supporting ECB President Christine Lagarde’s...
A year of Fed interest rate hikes
On Wednesday, February 1, 2023, the Federal Open Market Committee (FOMC) increased interest rates by 25 basis points for a target fed funds range of 450–475. This rate increase marks another decrease in size of these rate hikes, but it shows that the Fed continues applying pressure on inflation....
Thought leadership for housing associations: The increasing importance of credit ratings
While investors have always attached some significance to credit ratings for housing associations (HAs), other factors have played a more important role: the size and business model of the borrower, geographic focus, strong investor relations, and good new issue management. As a result, A3/A-...
Request your Q4 2022 Lending Market Overview
The purpose of this report is to present changes in lending markets across key property types for use in marking debt to market for financial reporting. The Chatham fixed- and floating-rate indices for each property type represent how coupon rates and spreads have changed. For the fourth quarter...
Q4 2022 Business Plan Assumptions
Chatham’s social housing team set out below its Q4 2022 business plan assumptions for housing associations and an accompanying economic commentary. Following a tumultuous third quarter in the Sterling markets, a new government and reverse of the “mini” budget induced a much-needed calm after the...