Welcome to our Investors Hub.
It’s a really exciting time to be working with Midland Heart. Like everyone we’ve been affected by the Covid-19 outbreak, however we remain financially robust and ambitious, delivering homes and services across the Midlands that enable people to live independently.
We have completed the first year of our five-year corporate plan Making What Matters Brilliant and have delivered an exceptional set of financial and operational results.
Our financial strength has meant that we have been able to make substantial levels of investment in both new and existing homes, investment in services provided to our customers and importantly, investment in our people.
Our core focus remains on providing a high quality core landlord service to our customers, developing as many affordable homes as we can and to be a great place to work.
Over the next five years we plan to make record investments in new and existing homes, the services we offer to customers and in our colleagues. We want to be a top class landlord, develop as many affordable homes as we can and be a great place to work, creating an operational blueprint for the wider social housing sector.
To help us achieve our aims we receive private finance from institutions such as banks and other lenders, in addition to government funding. We aim to develop long-term relationships with lending institutions and we are committed to remaining financially robust, despite the challenges we face. This is particularly important because our customers depend on us to ensure we support their housing needs.
Some Key highlights
A1 Rating by Moody’s Investors Service
V1 Financial Viability
G1 Governance Rating
Secured a £60m finance deal with a major Japanese bank
Posted a £77m surplus with an operating margin of 35%.