Information for investors

Yarlington and Radian have officially formed our new partnership

Since November 2019, Yarlington and Radian have officially formed our new partnership.
 
By using our combined expertise we’re taking a logical step to be able to deliver even more for our customers by providing more homes, building stronger communities and transforming services.
 
Over the coming months services will remain the same and customers can still contact us in the same way they’ve always done. In future there may be a change of name, but although our name changes our shared values very much remain the same. Our core ambitions for the new organisation will still be to provide great service to our customers and to build more affordable homes for the future.
 
As one organisation we can now build on our collective achievements of the past to shape the future for the better.
 
For more information contact Vimal Gaglani, Director of Treasury and Financial Planning, via email to vimal.gaglani@radian.co.uk

Yarlington recently reported a net surplus of £18.4m, with a consistently high operating margin of 32.6%. In addition, £6.8m was invested in the development of new homes and £11.7m investment in existing properties.

Credit ratings

Yarlington was awarded a Moody's credit rating of A3 (stable) and baa1 Baseline Credit Assessment in October 2019, based on its strong control and regulatory framework, strong financial performance, and simple group structure.

For more information contact Vimal Gaglani, Director of Treasury and Financial Planning, via email to vimal.gaglani@radian.co.uk

Regulatory information

See our Governance page.

Bonds

Our financial framework provides us with a solid platform from which to raise funding for new homes.

In September 2017 we issued a £120m secured bond, of which Pension Insurance Corporation (PIC) has subscribed to £60m, the other £60m has been retained for future sales. This provides us with long-term certainty over our borrowing costs. And allow us to fulfil our commercial objectives to invest more in building homes.

This bond is held within our subsidiary company, Yarlington Treasury Services (YTS). To view the financial accounts for YTS please visit our performance page.

Past financial statements

See our performance page for our most recent financial statements and annual report.

Financial statements for the year ended 31 March 2019:

Financial statements for the year ended 31 March 2018:

Financial statements for the year ended 31 March 2017:

Financial statements for the year ended 31 March 2016:

Get in touch if you'd like to see financial accounts from previous years.

See our performance page for more information on how we're doing.

For more information contact Vimal Gaglani, Director of Treasury and Financial Planning, via email to vimal.gaglani@radian.co.uk