Fitch affirms our 'A’ credit rating, negative outlook

A2Dominion have maintained our 'A' credit rating, Fitch Ratings has confirmed.
Fitch rating
A2Dominion home
Ratings agency Fitch has confirmed our credit rating as ‘A’ and maintained the credit on Negative Outlook. According to Fitch, 'A' credit ratings “denote expectations of low default risk. The capacity for payment of financial commitments is considered strong”.

The affirmation of A2Dominion’s ‘A’ rating by Fitch – one of the world’s leading credit rating agencies – is a strong signal that the 38,000-home housing association is financially stable and dependable, indicating that we are considered low risk and have a strong ability to meet our financial obligations, even in a challenging economic climate.

In its report, the leading credit rating agency said that performance in Financial Year 2025 continued to reflect sector pressures, including increased spending on building safety, major repairs and reinvestment in existing stock. It noted that the group has responded by scaling back development activity, implementing annual efficiency savings, and continuing its disposal of non-core assets.

Fitch assessed A2Dominion’s Standalone Credit Profile at ‘A-‘.

Tracey Barnes, Chief Financial Officer at A2Dominion said: “Fitch’s rating of A with negative outlook recognises that, against the continuing challenging macroeconomic environment, A2Dominion remains a good investment with a strong ability to meet its financial commitments.

“Our Board is firmly committed to maintaining and building the organisation’s financial strength and, in parallel, is steering the organisation to fully deliver the voluntary undertaking and return A2Dominion to a compliant governance grade.

“The business plan shows substantial improvement in financial metrics over the medium term and the strong balance sheet provides flexibility and resilience in the face of continuing economic uncertainty.”

Our balance sheet remains strong, with a Fitch A credit rating, more than £3.4bn of fixed assets and investments, and a reserves position of over £1.1bn.

You can view the Fitch report in full here

To see A2Dominion’s latest Annual Report for 2024/25 please see here