Source - PRN

QUARTERLY REPORT AS AT                         December 2018
TABLE 1: COLLATERAL

AVERAGE PER DWELLING
LAST REPORT DIFFERENCE VOIDS & ANNUAL PROVISION PER DWELLING FOR... NET
NO OF NUMBER OF NUMBER OF WEEKLY CREDIT SERVICE GROSS ANNUAL NET RENTAL ANNUAL DEBT RENTAL
ASSOCIATION DWELLINGS DWELLINGS DWELLINGS GROSS RENT LOSSES MANAGEMENT MAINTENANCE CHARGES RENT INCOME SERVICE COVER
A2 283 283 0 152.50 317.19 481.03 758.63 2,058.34 £2,244,143.76 £1,221,045.13 £686,751.00 1.78
Derwent 421 421 0 88.62 184.32 423.00 683.48 439.57 £1,940,002.48 £1,211,516.18 £913,523.00 1.33
Home 551 551 0 119.54 248.64 428.54 773.10 283.83 £3,425,033.56 £2,469,538.54 £1,432,167.00 1.72
Jephson 1,165 1,165 0 103.29 214.85 423.00 754.40 152.73 £6,257,392.09 £4,457,500.22 £3,076,087.00 1.45
Thames Valley 515 515 0 129.81 270.00 447.88 748.49 329.59 £3,476,281.12 £2,551,360.56 £1,626,736.00 1.57
Viridian 1,415 1,415 0 121.54 252.81 465.84 766.60 685.55 £8,943,247.56 £5,871,560.18 £4,092,419.00 1.43

TABLE 2: COLLECTION

OVER LAST 52 WEEKS ... OVER LAST 28 WEEKS ...
NET (COLLECTED NET (COLLECTED
COLLECTED COLLECTED RENT) /(GROSS COLLECTED RENT) /(GROSS
ASSOCIATION GROSS RENT RENT RENT RENT) (NCR) /(ADS) GROSS RENT COLLECTED RENT RENT RENT) (NCR) /(ADS)
A2 £2,334,384.94 £2,291,081.17 £1,332,802.05 0.98 1.94 £1,169,556.01 £1,184,976.14 £702,350.42 1.01 1.02
Derwent £1,929,419.76 £1,974,153.83 £1,335,652.47 1.02 1.46 £1,038,345.50 £1,005,132.66 £655,192.40 0.97 0.72
Home £3,088,563.36 £2,953,201.87 £2,044,723.84 0.96 1.43 £1,631,037.23 £1,545,242.52 £1,071,149.50 0.95 0.75
Jephson £6,271,681.00 £6,296,184.51 £4,759,607.19 1.00 1.55 £2,887,757.68 £2,870,459.00 £2,155,260.76 0.99 0.70
Thames Valley £3,476,513.35 £3,430,007.57 £2,646,171.74 0.99 1.63 £1,866,846.80 £1,863,435.11 £1,440,700.99 1.00 0.89
Viridian £8,964,846.42 £8,650,168.63 £5,946,499.33 0.96 1.45 £4,811,529.63 £4,632,877.33 £3,171,515.61 0.96 0.77

TABLE 3: COMPLIANCENET R

COVER OVER LAST 52 WEEKS ... OVER LAST 28 WEEKS ...
NET NET
COLLECTED COLLECTED COLLECTED COLLECTED OUTCOME OF
RENT OVER RENT TEST RENT OVER RENT TEST STOCK
GROSS RENT >= NCR >= 115% GROSS RENT NCR >= 61.92% CONDITION
ASSOCIATION NRC>=105% 95% ADS >= 95% ADS SURVEY
A2 Pass Pass Pass Pass Pass CGTC
Derwent Pass Pass Pass Pass Pass CGTC
Home Pass Pass Pass Fail Pass CGTC
Jephson Pass Pass Pass Pass Pass CGTC
Thames Valley Pass Pass Pass Pass Pass CGTC
Viridian Pass Pass Pass Pass Pass CGTC

TABLE 4: ADDITIONAL FACILITY

PROVIDER NAME DRAW-DOWNS OUTSTANDING BALANCE
ORIGINAL
AF PROVIDER
Barclays
Bank plc
£9,435,000.00 £0.00

TABLE 5: LIABILITIES

OUTSTANDING TOTAL NOTE
NOTE AMOUNT AMOUNT
PRINCIPAL (PER ISSUANCE PER
£100) DATE
AS AT END
OF THE QTR 37.04158645 £192,270,000.00

o  Home Group 28 week test has failed in this period, however they have passed their Net Collected Rent Test

o  The Riverside Group Limited (formerly Riverside Housing Association Limited – repaid June 2017

o  Midland Heart Limited (formerly Touchstone Housing Association Limited and Touchstone 2 Housing Association Limited) - repaid June 2017

o  Your Housing Limited (formerly Knightstone Housing Association Limited) – repaid Dec 2017

o  Liverty Limited (formerly Knightstone Housing Association Limited - repaid June 2018

o  Paradigm Homes Charitable Housing Association Limited (formerly Chiltern Hundreds Housing Association) - repaid Dec 2018