TABLE 1: COLLATERAL
LAST REPORT
NO OF NUMBER OF DIFFERENCE NUMBER
ASSOCIATION DWELLINGS DWELLINGS OF DWELLINGS AVERAGE PER DWELLING
VOIDS &
WEEKLY GROSS CREDIT
RENT LOSSES
A2Dominion 283 283 0 153.07 318.39
Arena 566 566 0 91.90 191.15
Derwent 423 423 0 86.14 179.17
Home 559 559 0 106.05 220.57
Jephson 1,165 1,165 0 102.58 213.37
Knightstone1 458 459 (1) 103.34 214.95
Midland Heart 628 628 0 94.72 197.02
Paradigm 182 182 0 123.52 256.92
Riverside 963 963 0 88.48 184.05
Thames Valley 515 515 0 137.67 286.35
Viridian2 1,418 1,419 (1) 122.26 254.31
GROSS ANNUAL NET RENTAL ANNUAL DEBT NET RENTAL
ASSOCIATION AVERAGE PER DWELLING RENT INCOME SERVICE COVER
ANNUAL PROVISION PER DWELLING FOR...
MANAGEMENT MAINTENANCE SERVICE CHARGES
A2Dominion 440.66 694.32 2,116.12 £2,252,638.32 £1,242,470.32 £686,751.00 1.81
Arena 387.79 639.45 303.87 £2,704,741.00 £1,843,141.43 £1,016,225.00 1.81
Derwent 388.00 625.54 341.70 £1,894,760.92 £1,245,702.82 £913,523.00 1.36
Home 392.87 706.39 399.18 £3,082,529.32 £2,121,602.53 £1,432,167.00 1.48
Jephson 388.00 690.45 149.76 £6,214,540.80 £4,535,090.88 £3,076,087.00 1.47
Knightstone1 387.88 637.88 100.30 £2,461,203.68 £1,847,018.99 £1,322,967.00 1.40
Midland Heart 403.29 683.80 430.19 £3,093,169.04 £2,016,594.69 £1,215,720.00 1.66
Paradigm 388.00 680.95 124.32 £1,168,981.84 £905,047.69 £501,691.00 1.80
Riverside 388.00 625.54 97.01 4,430,931.44 3,184,229.88 £1,525,337.00 2.09
Thames Valley 388.00 704.39 383.28 £3,686,779.72 £2,779,340.13 £1,626,736.00 1.71
Viridian2 425.85 697.27 728.07 £9,015,281.08 £6,029,687.96 £4,092,419.00 1.47
TABLE 2: COLLECTION
OVER LAST 52 WEEKS ...
(COLLECTED
COLLECTED NET COLLECTED RENT) /(GROSS (NCR)
ASSOCIATION GROSS RENT RENT RENT RENT) /(ADS)
A2 £2,299,466.13 £2,294,865.59 £1,360,617.77 1.00 1.98
Arena £2,633,963.98 £2,598,729.98 £1,860,812.74 0.99 1.83
Derwent £1,913,825.98 £1,940,188.83 £1,349,284.16 1.01 1.48
Home £3,031,697.32 £2,954,264.17 £2,125,095.95 0.97 1.48
Jephson £6,120,193.14 £6,138,319.38 £4,726,674.60 1.00 1.54
Knightstone £2,607,006.30 £2,572,807.13 £2,039,900.97 0.99 1.54
Midland Heart £3,035,800.34 £2,969,585.73 £2,040,247.40 0.98 1.68
Paradigm £1,148,792.27 £1,148,962.17 £939,046.33 1.00 1.87
Riverside £4,368,381.48 £4,288,074.55 £3,218,434.19 0.98 2.11
Thames Valley £3,430,045.48 £3,422,978.11 £2,671,746.88 1.00 1.64
Viridian £8,864,039.46 £8,870,762.99 £6,304,808.38 1.00 1.54
OVER LAST 28 WEEKS ...
(COLLECTED
COLLECTED NET COLLECTED RENT) /(GROSS (NCR)
ASSOCIATION GROSS RENT RENT RENT RENT) /(ADS)
A2 £1,171,635.53 £1,141,233.78 £664,532.45 0.97 0.97
Arena £1,453,152.49 £1,412,162.55 £1,007,672.03 0.97 0.99
Derwent £1,016,033.81 £1,012,372.88 £703,521.31 1.00 0.77
Home £1,655,409.56 £1,632,554.40 £1,182,597.40 0.99 0.83
Jephson £3,340,595.06 £3,321,987.22 £2,553,528.13 0.99 0.83
Knightstone £1,323,010.64 £1,300,890.95 £1,024,708.58 0.98 0.77
Midland Heart £1,653,798.46 £1,605,668.92 £1,096,486.76 0.97 0.90
Paradigm £625,426.26 £607,857.86 £492,003.56 0.97 0.98
Riverside £2,374,793.35 £2,376,016.49 £1,798,975.34 1.00 1.18
Thames Valley £1,881,994.97 £1,891,424.08 £1,481,758.86 1.01 0.91
Viridian £4,834,904.58 £4,800,007.07 £3,394,082.91 0.99 0.83
TABLE 3: COMPLIANCE
NET RENTAL
ASSOCIATION COVER OVER LAST 52 WEEKS ... OVER LAST 28 WEEKS ...
NET
COLLECTED
NET COLLECTED RENT TEST OUTCOME OF
RENT TEST NCR >= STOCK
COLLECTED RENT OVER NCR >= 115% COLLECTED RENT OVER 61.92% CONDITION
NRC>=105% GROSS RENT >= 95% ADS GROSS RENT >= 95% ADS SURVEY
A2 Pass Pass Pass Pass Pass CGTC
Arena Pass Pass Pass Pass Pass CGTC
Derwent Pass Pass Pass Pass Pass CGTC
Home Pass Pass Pass Pass Pass CGTC
Jephson Pass Pass Pass Pass Pass CGTC
Knightstone Pass Pass Pass Pass Pass CGTC
Midland Heart Pass Pass Pass Pass Pass CGTC
Paradigm Pass Pass Pass Pass Pass CGTC
Riverside 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 Barclays
AF PROVIDER Bank plc £0.00 £9,435,000.00
TABLE 5: LIABILITIES
OUTSTANDING
NOTE AMOUNT TOTAL NOTE
PRINCIPAL (PER AMOUNT ISSUANCE
£100) TO DATE
AS AT END
OF THE QTR 71.3511751 £192,270,000.00
Notes
1 28 Smith Way, previously charged under the Knightstone loan agreement was
released 14 August 2014.
2 110 Exeter Place, previously charged under the Viridian loan agreement was
released 7 July 2014