Source · Select Committees · Housing, Communities and Local Government Committee
Recommendation 33
33
Limited ability of Regulator of Social Housing to manage large housing provider insolvency
Conclusion
We are concerned that some of the largest housing associations may face more financial risk, because they have higher fire safety costs and they have been building more homes. At the same time, we are also concerned that the Regulator of Social Housing’s ability to manage the insolvency of a large housing provider is limited. Although we have been reassured that the sector has confidence that the Regulator has the tools to manage the insolvency of a large housing association, these tools are as yet untried and a situation where such tools are employed should be avoided. (Paragraph 167) The Finances and Sustainability of the Social Housing Sector 47
Government Response
A response document is linked to this report, dated 28 November 2024. Response attribution to this conclusion has not been verified. Read the response document ↗