A new framework gives the Scottish Housing Regulator full authority to monitor social landlords
Power to protect
The new, independent Scottish Housing Regulator launched its regulatory framework on 1 April.
Our new powers give us the tools we need to regulate social landlords effectively. We will be confident in using them, and swift and assertive when necessary to protect the interests of tenants and to protect the housing assets for future generations.
Each year we assess the risk each registered social landlord presents to the interests of tenants and other service users, and publish a regulation plan for those landlords we need more assurance from or where we want to see improvements. This year we have published regulation plans for 51 social landlords, just under one third of all those registered in Scotland.
The main areas we are looking for assurance on through these regulation plans are financial health and stock quality issues, particularly progress towards meeting the Scottish housing quality standard by 2015.
We’ve seen landlords improve their business planning and we’ll look for this to continue, particularly given the continuing challenges in landlords’ operating environment.
We’re also engaging with a small number of landlords to ensure their governance improves, and for some we plan to use our inquiry powers to scrutinise their performance in delivering services to tenants.
We will also be particularly active with those landlords with the most exposure to the biggest risks. This means that if you are larger, more complex, have higher levels of debt and are engaged in growth - what we refer to as landlords of systemic importance - you’ll see more of us.
Michael Cameron is chief executive of Scottish Housing Regulator