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Regulatory judgements and notices, and gradings under review (7 July 2022)

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Regulatory judgements and notices, and gradings under review

The assessments we publish on how well registered providers are meeting our standards.

From:
Regulator of Social Housing
Published
18 February 2015
Last updated
7 July 2022 — See all updates
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Applies to England

Documents

 

Gradings under review list – GUR

HTML

 

Current and previous regulatory judgements/notices table

MS Excel Spreadsheet, 108 KB

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Details

Regulatory judgements and notices are the regulator’s official view of a provider. An A-Z list for providers is also available, which links to each registered social housing provider’s page containing their current and previous judgements.

Gradings under review

These appear as separate entries within the regulatory judgements and notices table. They are published where we are investigating a matter and we consider that this investigation might result in a provider (currently judged to be compliant) being reassessed as non-compliant with the economic standards. The purpose of the list is to alert stakeholders to the possibility that the provider may be moving towards non-compliance.

Once we have concluded our investigation, we publish a new narrative regulatory judgement for the provider (or regulatory notice, in the case of a provider which owns fewer than 1,000 social housing units) and remove it from the GUR list.

Strapline regulatory judgement

These judgements show only the governance and viability grading (G and V). They are published when a registered provider (excluding local authorities) which owns and/or manages 1,000 homes or more is meeting our standards, and their grading has not changed since the last published judgement.

Narrative regulatory judgement

These reports provide a more detailed regulatory judgement, setting out the reasons for our assessment. They are published when our view of a registered provider (excluding local authorities) which owns and/or manages 1,000 homes or more has changed, and/or there are important issues or concerns.

Interim regulatory judgement

Where two or more registered providers come together to form a new merged entity, we issue an interim regulatory judgement which is based on combining assessments of the previous entities against our standards.

Regulatory notices

Regulatory notices are briefer reports than narrative regulatory judgements. There are 2 types of regulatory notice:

  • Regulatory notices (economic standards) are normally published when we have evidence that a provider with fewer than 1,000 units is not compliant with an economic standard; in some cases we may also publish a regulatory notice relating to the economic standards for larger providers
  • Regulatory notices (consumer standards) are published to set out our findings when any registered provider has breached a consumer standard and as a result we judge that there is actual or potential serious harm to tenants

Key to grades

Governance:

G1 Compliant The provider meets our governance requirements
G2 Compliant The provider meets our governance requirements but needs to improve some aspects of its governance arrangements to support continued compliance.
G3 Non-compliant The provider does not meet our governance requirements. There are issues of serious regulatory concern and in agreement with us the provider is working to improve its position.
G4 Non-compliant The provider does not meet our governance requirements. There are issues of serious regulatory concern and the provider is subject to regulatory intervention or enforcement action.

Viability:

V1 Compliant The provider meets our viability requirements and has the financial capacity to deal with a wide range of adverse scenarios.
V2 Compliant The provider meets our viability requirements. It has the financial capacity to deal with a reasonable range of adverse scenarios but needs to manage material risks to ensure continued compliance.
V3 Non-compliant The provider does not meet our viability requirements. There are issues of serious regulatory concern and, in agreement with us, the provider is working to improve its position.
V4 Non-compliant The provider does not meet our viability requirements. There are issues of serious regulatory concern and the provider is subject to regulatory intervention or enforcement action.

Published 18 February 2015
Last updated 7 July 2022 


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