Octavia Housing breaches standards after ‘setting unrealistic budgets’

By Carl Brown2023-09-06T10:17:00

Regulator raps 5,000-home landlord over poor financial planning

Octavia Housing has breached a regulatory standard as a result of issues with its financial planning, the Regulator of Social Housing (RSH) has said.

The 5,000-home association today had its viability and governance ratings downgraded to ‘G3’ and ‘V3’ respectively, meaning it no longer complies with the standard and must take steps to improve.

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