The Homes and Communities Agency published its Regulating the standards document today, which provides detail on how it will operate. The regulator says it will work to understand landlords’ business models from a wide evidence base to identify those likely to fail, rather than focusing on governance and viability separately.

It will still publish separate verdicts on governance and viability in its regulatory judgements, but the regulator will now ask eight questions relating to topics including individual landlords’ strategies, financial plans and leadership.