Press release: Grading under review for Pathfinder, Kinsman and St Andrews housing associations

The Regulator of Social Housing reports that Pathfinder Housing Association, Kinsman Housing Limited and St Andrews Community Housing Association have been placed on its Grading under review list.

It notifies that at the time of the last Statistical Data Return, the three providers had fewer than 1,000 homes each and therefore do not have a current published regulatory judgement in accordance with our established procedures.

The regulator is currently investigating a matter regarding the providers’ compliance with the Governance and Financial Viability Standard. The outcome of the investigation will be confirmed in a regulatory notice, once completed.

The GUR list is available on the website.

Further information

  1. The regulatory framework can also be found on the website.
  2. The regulation of social housing is the responsibility of the Regulation Committee, a statutory committee of the Homes and Communities Agency. The organisation refers to itself as the Regulator of Social Housing in undertaking the functions of the Regulation Committee. Homes England is the trading name of the HCA’s non-regulation functions.
  3. The regulator’s purpose is to promote a viable, efficient and well-governed social housing sector able to deliver homes that meet a range of needs. It does this by undertaking robust economic regulation focusing on governance, financial viability and value for money that maintains lender confidence and protects the taxpayer. It also sets consumer standards and may take action if these standards are breached and there is a significant risk of serious detriment to tenants or potential tenants.

For more information visit the RSH website.

Our About the Regulator of Social Housing page has contact details for media enquiries.

For general queries to RSH, please email enquiries@rsh.gov.uk or call 0300 124 5225.

Link: Press release: Grading under review for Pathfinder, Kinsman and St Andrews housing associations
Source: Gov Press Releases