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Housing Today
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Stonewater reports ‘strong’ financial results on back of £35m rise in rental income
But landlord’s surplus falls to £12m
Stonewater has reported a £35m increase in turnover in its latest financial results.
The social housing provider’s accounts for the year to 31 March 2025 showed income had hit £306m, up from £271m in 2024.
The 40,000-home landlord, which announced in June Jonathan Layzell was to succeed Nicholas Harris as CEO, said the increase was due to a £35m rise in rental income.
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