As one of the UK’s largest housing associations, SNG provides over 86,000 homes to 200,000 customers across the south of England. We combine financial strength with a clear commitment to sustainability, investing at scale in affordable homes and thriving communities.
- Regulator of Social Housing: G1/V2/C2
- Moody's: A3 (Stable)
- S&P Global Ratings: A- (Stable)
- £794.2m annual income (2024–25)
- £10.9bn long-term investment programme
- 25,000 new homes planned
- £100m committed to community investment
2025 EMTN Programme Admission Particulars [pdf, 5MB]
SNG are open to reverse enquiries.
Sovereign Housing Capital plc, a wholly owned subsidiary of the Registered Provider (RP) Sovereign Housing Association Ltd has issued public notes as follows:
| Date issued | Maturity Date | Issued Amount | Coupon | Interest paid | Date |
|---|---|---|---|---|---|
| 2009 | 2039 | £175m | 5.705% | Semi-annual | 10 September / 10 March |
| 2012 | 2043 | £250m | 4.768% | Semi-annual | 1 June / 1 December |
| 2019 | 2048 | £375m | 2.375% | Semi-annual | 4 May / 4 November |
| 2024 | 2057 | £400m | 5.5% | Semi-annual | 24 Jan / 24 July |
| 2025 | 2040 | £325m | 6.125% | Semi-annual | 16 Mar / 16 September |
Credit rating reports
- Moody's Credit Opinion Report October 2025 [pdf, 287KB]
- S&P Global Ratings Report November 2025 [pdf, 154KB]
Performance updates
- Latest Quarterly performance update Q4 2025/26 [168KB]
- Quarterly performance update Q3 2025/26 [pdf, 1MB]
- Quarterly performance update Q2 2025/26 [pdf, 171KB]
- Quarterly performance update Q1 2025/26 [pdf, 137KB]
- Quarterly performance update Q4 2024/25 [pdf, 1MB]
- Quarterly performance update Q3 2024/25 [pdf, 125KB]
- Q2 2024/25 - SNG held an Investor Roadshow [pdf, 6MB]
in Q3 for current and prospective investors to provide an update on our performance and discuss our strategy.
- Quarterly performance update Q1 2024/25 [pdf, 860KB]
- Quarterly performance update Q4 2023/24 [pdf, 236KB]
- Quarterly performance update Q3 2023/24 [pdf, 225KB]
- Quarterly performance update Q2 2023/24 [pdf, 155KB]
Previous annual reports
- Find previous Sovereign Housing and Network Homes Annual Reports and Financial Statements on our Publications page.
Impact and Sustainability
We're committed to delivering affordable homes, reducing environmental impact, and supporting communities. Learn more about our approach, including our Sustainable Finance Framework.
Tenant Satisfaction Measures (TSMs)
We measure our performance using the Tenant Satisfaction Measures (TSMs), set by the Regulator of Social Housing (RSH) as part of the Consumer Standards introduced in 2023.
Value for Money
Our value for money framework sets out how we define, deliver and demonstrate VfM through everything we do at SNG.
Publications
Explore our corporate documents, including ESG reporting, strategic plans, gender and ethnicity pay gap reports, and other key publications that reflect our performance and priorities.
Homes and Place
Our expectations for good quality homes are reflected in our Homes and Place Standard - the definitive standard for high quality design and great placemaking.
Working with us
We work together with a wide range of organisations to help us deliver for our customers and to deliver social value.