Regulator of Social Housing issues six social landlords with viability downgrades

regulations governance

Increased investment in existing homes is weakening providers’ financial capacity, RSH warns

The Regulator of Social Housing (RSH) has issued six registered providers with financial viability downgrades stating that increased investments in existing stock have weakened interest cover and reduced the housing associations’ capacity to respond to adverse events. 

The RSH issued viability downgrades to Bournville Village Trust, Brighter Places, Fairhive Homes, Look Ahead, Pioneer Housing and Trent & Dove, along with a further 40 regulatory judgements.

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