We are delighted to announce that following our recent in-depth assessment by the Regulator for Social Housing, we continue to meet the highest possible standards for governance and viability, and have been awarded a rating of V1 / G1. This rating coincides with Local Space receiving a top level AA- credit rating from Standard & Poors for the sixth year in a row!
Our CEO Josie Parsons said:
“The economy hasn’t been kind to businesses so to maintain a top-notch credit rating, plus top financial viability and governance ratings, reflects Local Space’s astute management of its portfolio of temporary accommodation.”
“These ratings demonstrate our mission as a long-term investor in settled accommodation to address the impending homelessness crisis.”