Sovereign is, and will remain, a social business. Our social purpose is at the heart of what we do and we strive to provide a good service to our residents. We've performed well over the last year and are in great shape to overcome future challenges, and continue providing quality affordable homes.
And there will be challenges. The recent changes to benefits and the rents we can charge, as well as the planned extension to Right to Buy announced in the 2015 Budget, will have a significant impact on our business and our residents. We’ll be reviewing our business plan and strategy over the next few months to make sure they remain fit for purpose. However, Sovereign exists to help people in housing need and these policy announcements won’t change that. To find out more about what the Budget means for us and our residents, please visit our website.