We are delighted to announce that, following an annual review, the Regulator of Social Housing (RSH) has continued to award us with a G1/V1 grading.  This rating is the highest grading achievable and confirms that we have effective governance in place and are financially viable.

The RSH’s governance and financial viability grades are:

•                     G1 – The provider meets our governance requirements.

•                     V1 – The provider meets our viability requirements and has the financial capacity to deal with a wide range of adverse scenarios.

The Regulator of Social Housing regulates registered providers of social housing to promote a worthwhile, efficient and well-governed social housing sector, able to deliver homes that meet a range of needs.

Their objectives are to ensure that housing associations provide value for money and protect the taxpayer, whilst validating financial viability and effective governance. They also set consumer standards and may take action if these are breached or pose serious detriment to tenants and potential tenants.

You can read more about RSH here: Regulatory standards, procedures and guidance – GOV.UK (www.gov.uk)