The Regulator of Social Housing (RSH) has issued viability rating downgrades to two more housing associations.

RSH has today reduced the viability grading of 9,000-home Aspire Housing and 3,200-home Staffordshire-based Honeycomb Housing. The pair have had their grading lowered from the top ‘V1’ score to ‘V2’ which means they still comply with the regulatory standard but “need[s] to manage material risks to ensure continued compliance.”