The Regulator of Social Housing (RSH) has downgraded the governance grading of Moat and Plus Dane in its final batch of regulatory judgements of the year.

Both organisations were downgraded from the top ‘G1’ rating to ‘G2’, which means they comply with the governance and financial viability standard but need to improve their governance arrangements. 

Moat also had its viability downgraded one notch to a compliant ‘V2’.