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Landlords submit first annual assurance statements

The regulator requires all RSLs and local authorities to submit an annual assurance statement by 31 October each year

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The Scottish Housing Regulator yesterday published the first annual assurance statements submitted by social landlords (registered social landlords and local authorities).

The regulator requires all RSLs and local authorities to submit an annual assurance statement by 31 October each year to confirm that they meet regulatory requirements or to set out which of the requirements they do not comply with.

The regulator received assurance statements from 156 RSLs and 25 local authorities. The regulator will use the statements, along with other information it has about landlords, to assess the risk each landlord presents to the interests of tenants and other people who use their services. It will then publish engagement plans for all landlords on 31 March 2020, which will include, for the first time, a regulatory status for each RSL.

The regulator has committed to helping landlords to embed the requirements around assurance and the annual statements. Next week, it will publish a list of landlords it will visit to learn lessons from the first year of annual assurance statements, with the aim of publishing a lessons learned report in the new year.  

Michael Cameron, Chief Executive of the Scottish Housing Regulator, said: “Annual assurance statements support a culture of openness and continuous assurance, so we are pleased to publish the first statements from social landlords.  

“We want to support landlords to effectively embed the new regulatory requirements, and we will provide feedback to landlords on their submitted statements and, early next year, publish a lessons learned report.”  

Read the annual assurance statements.