Quarterly Report as at September 2013
TABLE 1: COLLATERAL
LAST REPORT DIFFERENCE AVERAGE PER DWELLING
NO OF NO OF NO OF
DWELLINGS DWELLINGS DWELLINGS
WEEKLY GROSS ANNUAL PROVISION PER DWELLING FOR...
RENT
VOIDS & SERVICE
ASSOCIATION CREDIT LOSSES MANAGEMENT MAINTENANCE CHARGES
A2Dominion 283 283 0 135.57 281.98 429.20 675.62 1,405.57
Arena 563 563 0 86.76 180.47 377.84 619.11 286.23
Paradigm 182 182 0 119.26 248.07 366.00 641.58 112.20
Derwent 533 533 0 83.13 172.92 378.00 608.70 370.84
Home 559 559 0 102.58 213.36 382.71 687.37 399.76
Jephson 1,165 1,165 0 99.47 206.90 378.00 671.86 145.15
Knightstone 552 552 0 100.28 208.57 377.90 618.66 100.83
Midland Heart 628 628 0 91.60 190.53 385.42 652.84 413.40
Riverside 963 963 0 86.00 178.88 377.61 608.07 122.19
Viridian 1,432 1,432 0 117.81 245.04 414.37 678.66 713.25
Thames Valley 515 515 0 124.99 259.98 378.00 684.41 373.38
11 7,375 7,375 104.31
GROSS ANNUAL NET RENTAL ANNUAL DEBT NET RENTAL
ASSOCIATION RENT INCOME SERVICE COVER
A2Dominion £1,994,983.20 £1,204,743.49 £686,751.00 1.75
Arena £2,540,078.32 £1,716,050.63 £1,016,225.00 1.69
Paradigm £1,128,707.32 £879,759.03 £501,691.00 1.75
Derwent £2,304,133.00 £1,488,396.26 £913,523.00 1.63
Home £2,981,697.68 £2,040,790.51 £1,432,167.00 1.42
Jephson £6,026,095.40 £4,392,870.56 £3,076,087.00 1.43
Knightstone £2,878,314.92 £2,157,420.28 £1,322,967.00 1.63
Midland Heart £2,991,339.12 £1,960,042.61 £1,215,720.00 1.61
Riverside £4,306,424.72 £3,067,295.69 £1,525,337.00 2.01
Viridian £8,772,608.00 £5,835,111.88 £4,092,419.00 1.43
Thames Valley £3,347,268.08 £2,473,943.08 £1,626,736.00 1.52
11 £27,216,424.02 £17,409,623.00 1.563
TABLE 2: COLLECTION
OVER LAST 52 WEEKS ...
ASSOCIATION (NET
COLLECTED
RENT)
(COLLECTED /(ANNUAL
GROSS COLLECTED NET COLLECTED RENT) DEBT
RENT RENT RENT /(GROSS RENT) SERVICE)
A2 £2,188,004.78 £2,229,588.85 £1,358,193.64 1.02 1.98
Arena £2,490,033.86 £2,395,885.09 £1,685,635.03 0.96 1.66
Paradigm £1,095,659.24 £1,094,956.94 £896,697.50 1.00 1.79
Derwent £2,258,689.97 £2,288,180.00 £1,574,094.72 1.01 1.72
Home £2,938,443.13 £2,911,955.73 £2,103,693.56 0.99 1.47
Jephson £5,940,296.27 £5,910,919.34 £4,533,345.81 1.00 1.47
Knightstone £2,823,995.89 £2,757,195.45 £2,169,102.45 0.98 1.64
Midland £2,953,208.35 £2,827,716.37 £1,908,890.04 0.96 1.57
Heart
Riverside £4,262,330.77 £4,122,635.65 £3,069,182.65 0.97 2.01
Viridian £8,601,562.01 £8,535,418.28 £6,005,094.00 0.99 1.47
Thames £3,279,519.54 £3,222,729.36 £2,492,359.25 0.98 1.53
Valley
£38,831,743.81 £38,297,181.06 0.986
OVER LAST 28 WEEKS ...
ASSOCIATION (NET
COLLECTED
RENT)
(COLLECTED /(ANNUAL
GROSS COLLECTED NET COLLECTED RENT) DEBT
RENT RENT RENT /(GROSS RENT) SERVICE)
A2 £1,111,655.57 £1,152,834.04 £710,062.77 1.04 1.03
Arena £1,353,849.00 £1,286,282.67 £898,221.33 0.95 0.88
Paradigm £600,465.94 £594,036.16 £485,591.90 0.99 0.97
Derwent £1,231,410.87 £1,253,169.05 £864,905.46 1.02 0.95
Home £1,603,338.53 £1,595,585.60 £1,154,160.55 1.00 0.81
Jephson £3,236,883.49 £3,183,890.91 £2,435,084.92 0.98 0.79
Knightstone £1,543,802.93 £1,494,305.60 £1,170,946.44 0.97 0.89
Midland £1,602,370.47 £1,528,068.90 £1,036,456.46 0.95 0.85
Heart
Riverside £2,309,297.00 £2,204,542.42 £1,631,278.81 0.95 1.07
Viridian £4,706,272.76 £4,632,618.84 £3,242,086.63 0.98 0.79
Thames £1,785,719.57 £1,791,813.46 £1,395,309.79 1.00 0.86
Valley
£21,085,066.13 £20,717,147.65 0.983
TABLE 3: COMPLIANCE
OVER LAST 52 WEEKS... OVER LAST 28 WEEKS ...
COLLECTED NET COLLECTED NET COLLECTED RENT OUTCOME
RENT OVER COLLECTED RENT OVER TEST OF LAST
GROSS RENT TEST GROSS STOCK
RENT >= RENT >= CONDITION
95% 95% SURVEY
ASSOCIATION NCR >= NCR >= 115% ADS
115% ADS
A2 Pass Pass Pass Pass CGTC
Arena Pass Pass Pass Pass CGTC
Paradigm Pass Pass Pass Pass CGTC
Derwent Pass Pass Pass Pass CGTC
Home Pass Pass Pass Pass CGTC
Jephson Pass Pass Pass Pass CGTC
Knightstone Pass Pass Pass Pass CGTC
Midland Pass Pass Pass Pass CGTC
Heart
Riverside Pass Pass Pass Pass CGTC
Viridian Pass Pass Pass Pass CGTC
Thames Pass Pass Pass Pass CGTC
Valley
OUTSTANDING TOTAL NOTE
NOTE ISSUANCE AMOUNT
PRINCIPAL TO DATE
AMOUNT
(PER £100)
AS AT END 0.7432969 £192,270,000.00
OF QTR
TABLE 4: ADDITIONAL FACILITY
PROVIDER DRAW-DOWNS OUTSTANDING
NAME BALANCE
ORIGINAL Barclays £0.00 £9,435,000.00
AF PROVIDER Bank plc
Notes