Source · Scottish Housing Regulator
Loretto Housing Association Ltd
Registered social landlord
Compliant
Current engagement plan: 1 April 2026 to 31 March 2027, published 2 March 2026.
Engagement plan
What Loretto Housing Association Ltd must do
- WHG must:
- send us copies of its Board minutes, its registered subsidiary Board minutes and its audit committee minutes as they become available;
- send us by 30 April 2026 for WHG and its registered subsidiaries:
- 30 year financial projections consisting of statement of comprehensive income, statement of financial position and statement of cash flow complete with assumptions and explanatory narrative;
- a comparison of projected financial loan covenants against current covenant requirements;
- financial sensitivity analysis which considers the key risks, the mitigation strategies for these risks and a comparison of the resulting covenant calculations with the actual current covenant requirements; and
- the report to the Board in respect of the approved 30 year projections, sensitivity analysis and covenant compliance.
- send us by 30 April 2026 for its non-registered subsidiaries:
- the approved business plans;
- the financial projections consisting of statement of comprehensive income, statement of financial position and statement of cash flow complete with assumptions and explanatory narrative; and
- financial sensitivity analysis which considers the key risks, the mitigation strategies for these risks and a comparison of the resultant covenant calculations with the actual covenant requirements.
- meet with us twice during the year and send us an update prior to our meetings. The update should include any emerging risks to the organisation and progress with delivery of its development plans. The development update should include its latest report to the Board or the WDS Board about development and details of the scale and tenure mix, timescales for delivery and any material delays or changes to the programme;
- send us by 30 June 2026 its strategic risk review, including details of its approach to development risk management and mitigation;
- send us by 30 November 2026 evidence of how it demonstrates affordability for its tenants; and
- tell us if there are any material adverse changes to its development plans which might affect its financial position or reputation, in line with our notifiable events guidance.
Headline SHR metrics
| ARC 10: reactive repairs completed right first time (%) | 86.8300 |
| ARC 11: gas safety checks not carried out on time (count) | 0.0000 |
| ARC 12: satisfaction with repairs service (%) | 85.5100 |
| ARC 13: satisfaction with neighbourhood management (%) | 94.5600 |
| ARC 14: tenancy offers refused (%) | 30.6000 |
| ARC 15: ASB cases resolved (%) | 100.0000 |
| ARC 16: new tenancies sustained more than a year (%) | 96.2300 |
| ARC 17: lettable stock that became vacant in year (%) | 5.3900 |
| ARC 18: rent lost to empty properties (%) | 0.1600 |
| ARC 19: households waiting for adaptations (count) | 0.0000 |
| ARC 1: tenants satisfied with overall service (%) | 92.7500 |
| ARC 21: average time to complete adaptations (days) | 17.1200 |
| ARC 22: court actions resulting in eviction (%) | 76.9200 |
| ARC 23: homelessness referral offers resulting in a let (%) | 123.2300 |
| ARC 25: rent seen as value for money (%) | 93.0500 |
| ARC 26: rent collected as % of rent due | 99.5400 |
| ARC 27: gross rent arrears as % of rent due | 3.3800 |
| ARC 28: average factoring management fee (£) | 222.9800 |
| ARC 29: factored owner satisfaction (%) | 41.0600 |
| ARC 2: landlord good at keeping tenants informed (%) | 97.8900 |
| ARC 30: average days to re-let empty properties | 9.7200 |
| ARC 3&4: average Stage 1 response time (days) | 3.5900 |
| ARC 3&4: average Stage 2 response time (days) | 15.6600 |
| ARC 3&4: Stage 1 complaints responded to in full (%) | 96.0400 |
| ARC 3&4: Stage 2 complaints responded to in full (%) | 92.1100 |
| ARC 5: satisfaction with opportunities to participate (%) | 98.4900 |
| ARC 6: properties meeting SHQS (%) | 99.9300 |
| ARC 7: satisfaction with home quality (%) | 94.2600 |
| ARC 8: average hours to complete emergency repairs | 3.5000 |
| ARC 9: average days to complete non-emergency repairs | 9.0600 |
| ASB cases reported (count) | 263.0000 |
| ASB cases resolved (count) | 263.0000 |
| Gross rent arrears at year end (£) | 492211.0000 |
| Properties re-let in year (count) | 142.0000 |
| Rent due in year (£) | 14547037.0000 |
| Stage 1 complaints received and carried forward (count) | 303.0000 |
| Stage 2 complaints received and carried forward (count) | 38.0000 |
| AFS: current ratio | 0.2000 |
| AFS: EBITDA / revenue (%) | 52.3000 |
| AFS: gearing (%) | 130.4000 |
| AFS: gross arrears (%) | 3.0000 |
| AFS: housing properties net book value (£'000s) | 165861.0000 |
| AFS: interest cover (%) | 262.9000 |
| AFS: net arrears (%) | 0.4000 |
| AFS: net debt per unit (£) | 30757.0000 |
| AFS: operating surplus/(deficit) (£'000s) | 8769.0000 |
| AFS: staff costs as % of turnover | 14.4000 |
| AFS: surplus/(deficit) for the year (£'000s) | -4224.0000 |
| AFS: total non-current assets (£'000s) | 168855.0000 |
| AFS: total reserves (£'000s) | 65434.0000 |
| AFS: total units owned/managed (count) | 2822.0000 |
| AFS: turnover (£'000s) | 23869.0000 |
| AFS: turnover per unit (£) | 8601.0000 |
| AFS: voids (%) | 2.1000 |
| Stock: average weekly rent (£) | 108.9000 |
| Stock: non-housing units owned (count) | 163.0000 |
| Stock: properties classified unlettable (count) | 31.0000 |
| Stock: properties used for temporary accommodation (count) | 1.0000 |
| Stock: total self-contained units owned (count) | 2707.0000 |
| Stock: units partly owned (count) | 17.0000 |
Source: Scottish Housing Regulator statistical returns. Figures are as published, not independently verified.
Landlord details
- Name
- Loretto Housing Association Ltd
- Type
- Registered social landlord
- SHR registration number
- 154
About this register
The Scottish Housing Regulator publishes an annual engagement plan for every registered social landlord and council landlord, and — rarely — a statutory intervention report where it has used its powers under the Housing (Scotland) Act 2010. Required actions and intervention narratives are copied verbatim from SHR's published documents.
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