Risk & Judgements
A Midlands housing association now complies with regulatory standards following a governance rating upgrade today.
The English social housing regulator is now naming smaller providers which have missed financial reporting deadlines as part of a new ‘transparent’ approach.
Nine small housing associations have been admonished by the English social housing regulator for late submission of financial statements.
Value for Money
Housing associations may step back from the public bond market as ongoing uncertainty pushes up the price of previously issued bonds.
Peabody increased its core surplus to £50m and invested more than £350m in new and existing stock last financial year, according to its latest accounts.
A Manchester-based housing association has launched a commercial building arm which aims to complete 100 new homes every year for sale on the open market.
Health and Safety
A court has fined repairs contractor Mears £15,000 for leaving the life of an elderly social housing tenant at risk from a dangerous gas heater.
Aster Group is assisting police with their investigation following the death of a five-year-old girl in one of the housing association’s Weymouth properties.
The Health and Safety Executive has fined North Devon Homes £6,000 after a tenant’s life was put at “immediate risk” from carbon monoxide poisoning.