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Real estate in United Kingdom – English family house front door facade

Case study:

MORhomes

About MORhomes

MORhomes PLC is a unique borrowing vehicle for the UK social housing sector. Its shares are owned by not-for-profit UK housing associations, with funds raised through the bond market on-lent to those shareholder associations. As an issuer with public debt traded on the London Stock Exchange, MORhomes issues bonds structured as Social Bonds under the Social Bond Principles (2023) or Sustainability Bonds under the Sustainability Bond Guidelines (2021).

Our work with MORhomes

Since 2019, MORhomes has partnered with Allia Bond Services (ABS) to provide tailored financial and governance support aligned with its continued development. Building on MORhomes’ strong foundations, ABS delivers integrated solutions that enhance operational resilience and compliance, helping MORhomes maintain its focus on delivering innovative financing for housing associations

 

Through close collaboration, ABS continues to support efficiency and governance across key areas, including:

 

  • Preparation of management accounts and financial statements
  • Audit and tax coordination
  • End-to-end financial operations, including payments, payroll, and ledger management
  • Budgeting and planning support
  • Board and shareholder administration, including company secretarial duties
  • Registered office and statutory records management
  • Debt compliance and share issuance oversight
  • Website and records maintenance.

 

This integrated approach has provided stability and governance support as MORhomes achieved major financing milestones, with £538.6m on-lent to housing associations to date, strengthening stakeholder confidence.

The impact

Through our ongoing partnership, ABS provides governance and operational support, allowing MORhomes to concentrate on its strategic goals. Today, ABS continues to deliver solutions that strengthen MORhomes’ platform and support its role as a unique borrowing vehicle for the UK social housing sector.

"ABS has been a trusted partner for many years, handling complex governance and operational tasks behind the scenes so we can concentrate on delivering innovative financing for the social housing sector. Their consistent support gives us confidence that our platform remains robust and efficient."

Andrew Morton, CEO, MORhomes PLC