Nine housing associations re-issued with ‘V2’ financial viability grade following stability checks

balance sheet finances

All of the housing associations assessed so far kept their existing financial viability grades

The Regulator of Social Housing has released the first set of this year’s annual stability check results, re-issuing most providers with a ‘V2’ rating for financial viability and the top ‘G1’ grading for governance

The regulator has published its first set of annual stability checks.

Today, the regulator published stability check results for 11 housing associations, with nine receiving a ‘V2’ rating, signaling that they have adequate financial capacity but need to manage material risks carefully to ensure they continue to meet viability requirements. A total of 10 associations were also re-issued with the top ‘G1’ rating for governance.

Oxfordshire-based registered provider, Cottsway Housing Association, had its ‘V1’ grading reconfirmed in the Regulator of Social Housing’s (RSH) annual stability check. A ‘V1’ grade means a landlord meets viability requirements and has the financial capacity to deal with a wide range of adverse scenarios

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