Regulation & Governance
The Homes and Community Agency has upgraded the ratings of Christian Action (Enfield) and Magna Housing Group.
Catalyst Housing has conducted an internal probe to tackle misconduct in its sales and marketing department which had triggered a downgrade of the association’s governance rating.
Lenders with more than £60bn invested in housing associations have backed plans to remove social housing regulation from the Homes and Communities Agency (HCA).
Holding housing providers to account on meeting their core objectives looks set to form a more central focus of the new social housing regulator in England.
One of the largest associations in the North has been downgraded by the social housing regulator over the capacity in its finance function to effectively report on its financial position.
Two housing associations with Yorkshire operations have been placed on the regulator’s ‘gradings under review’ list.
Clarion Group - the new organisation formed through the merger of Affinity Sutton and Circle Housing - has been given interim regulatory ratings of G2 and V1.
The English social housing regulator will issue ‘interim’ regulatory judgements for housing providers that have recently merged.
Halifax-based Broadacres Housing Association has said the social housing regulator’s decision to place it on its ‘watchlist’ relates to one of its regional housebuilders falling into administration.