Regulation

The Regulator of Social Housing has today published four more regulatory judgements from its planned inspection programme, alongside a range of other judgements from its annual stability checks of housing associations and other private registered providers.

Following inspections, Moat Homes and Plus Dane Housing were both downgraded to a G2 governance grading, while Salvation Army Housing Association was upgraded to G1. Moat Homes also had its viability regraded to V2.

All three providers received a C2 grading for the consumer standards. According to the regulator, this means there are some weaknesses in each of the landlords delivering the outcomes of the consumer standards and improvement is needed.

Walsall Housing Group Limited received C1, G1 and V1 gradings as a result of an inspection.

RSH also confirmed that Trident Housing had failed to meet the outcomes of the Rent Standard, after the landlord identified errors in a significant number of rents charged to tenants through an independent review.

It has rectified its rents from April 2024 and has developed a recovery plan for addressing previous over charging, as well as contacting and refunding tenants.

RSH also published regulatory judgements for a further 54 landlords from its stability check programme, with all but four retaining their previous governance and viability gradings.

Stability checks are a yearly exercise where RSH looks at the financial information submitted by housing providers (including their most recent business plan and annual accounts) and considers whether their current viability grade is consistent with this.

Arawak Walton Housing Association and NSAH (Alliance Homes) were regraded to a V2 grading, and Habinteg Housing and YMCA St Pauls Group were upgraded to a G1 governance grading.

Kate Dodsworth, Chief of Regulatory Engagement at RSH, said: “Social landlords are currently facing a range of complex challenges and this makes careful scrutiny more important than ever.

“We are using all the tools at our disposal, including the new proactive inspections and the stability check programme, to ensure our standards are being met and tenants are protected.

“As soon as a landlord becomes aware of a potential issue, they should flag it to us immediately so it can be resolved as quickly as possible. We always welcome self-referrals, which shows a landlord is taking accountability and understands their responsibilities.”
 

Latest judgements resulting from planned inspections

Provider Consumer Change  Governance Change Viability Change
Moat Homes Limited C2 First Grading G2 Downgrade V2 Regrade V1 – V2
Plus Dane Housing Limited C2 First Grading G2 Downgrade V2 Assessed and unchanged
Salvation Army Housing Association C2 First Grading G1 Upgrade V2 Assessed and unchanged
Walsall Housing Group Limited C1 First Grading G1 Assessed and unchanged V1 Assessed and unchanged