Regulator downgrades Birmingham provider and puts Phoenix under review

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Source: Shutterstock

Sustain UK handed V3 grading

The Regulator of Social Housing has downgraded a supported housing provider in Birmingham and placed Phoenix Community Housing on its review list.

Sustain UK, which was founded in 2009 and provides supported housing through short term leases, has been handed a V3 rating, meaning it does not meet the regulator’s financial viability requirements.

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