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Housing Today
Trusted media brand of the Chartered Institute of Housing
Regulator to probe potential ‘serious failings’ at Heylo’s RP after group investment companies enter administration
Group was unable to secure approval from lenders for restructure following breach of regulatory standards in 2022
The Regulator for Social Housing has put a BlackRock-backed for-profit provider’s grading under review after two investment companies owned by the wider group were put into administration.
PricewaterhouseCoopers has been appointed as the administrators of a total of four corporate entities linked to HH1 and HH5, a pair of subsidiaries to the Heylo Housing Group which between them own 3,500 of the group’s 10,000 shared ownership homes.
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