Rising spend on existing homes puts pressure on Platform interest cover

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Source: Shutterstock

Turnover and surpluis rose last year at the provider

A 58.6% increase in investment in existing homes put pressure on interest cover at Platform Housing Group last year.

Investment in existing stock rose from £39.4m to £62.5m in the year to 31 March 2025, according to the 49,000-home association statutory results.

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