The Regulator of Social Housing (RSH) has lowered the financial viability grading for 14 more housing associations, bringing the number downgraded in recent weeks to 48.

In its latest batch of 64 judgements today, RSH downgraded 14 providers from the top ‘V1’ grade to ‘V2’. V2 means an organisation still complies with the regulatory standard but “needs to manage material risks to ensure continued compliance.”