Regulator is yet to publish any landlord assessments since taking over in April
HCA may not publish full judgements
England’s social housing regulator is considering publishing slimmed down versions of regulatory judgements in a bid to save resources.
Since it took over the economic regulation of social landlords in April, the Homes and Communities Agency has not published a single assessment of individual landlords’ governance and viability.
Regulatory judgements were previously published each month by the now-defunct Tenant Services Authority so the sector could understand the regulator’s position on issues.
However, the new regulator has not published judgements because it is still training its staff on the new regulatory framework which was published in May.
A source familiar with the situation said training people to draw up the new judgements has been more ‘resource-intensive’ than expected. As a result, the HCA is considering not publishing full judgements where associations are performing well.
A spokesperson for the HCA said: ‘Regulatory judgements are an important means for the regulator to publicly state its opinion on the status of individual providers, and it is right that we should take the time necessary to make sure the published product is fit for purpose.’
The spokesperson stressed that the regulator is continuing to engage with and monitor providers, regardless of the eventual timing and form of regulatory judgements.
The HCA has around 110 staff working in regulation - almost half of the 205 staff employed to regulate by the TSA, which had a much wider remit. Under its new approach the HCA is focusing on value for money.
Bruce Moore, chief executive of Hanover, said he believed it to be a fair response to a strain on resources.