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Regulator publishes an overview of its plans to engage with social landlords

Regulator to engage with 56 registered social landlords

The Scottish Housing Regulator has published an overview of its plans to engage with social landlords. This follows its announcement in late March of the individual landlords it will engage with this year.

This year, the regulator will engage with 56 registered social landlords (RSLs). It will have high engagement with seven of these RSLs and medium engagement with 49. It will engage with 20 local authorities. It will have a higher level of scrutiny for four of these and will monitor the performance 16.

Helen Shaw, Assistant Director (Finance and Risk), said:

“This year, we’re engaging with more landlords to seek assurance about financial health and governance. Landlords are working in increasingly complex businesses, working on a range of challenges, particularly around development. Many landlords are increasing their development plans or getting back into development for the first time in a long while.

“We’re engaging with more RSLs to get assurance about how this increased risk is being managed and to seek assurance that RSLs are well governed and that governing bodies have oversight of their business plans to ensure that they are managing the risks they face.

“How local authorities deliver for people who are or may become homeless continues to be a priority for us and is the main reason for our engagement with local authorities.”

The report provides a full list of the landlords the regulator will engage with this year.

The regulator’s overview of the outcomes of its annual risk assessment is available on its website.

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