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Accountancy changes could form a need for changes in values of HA homes
Landlords are warned changes to policy could hit their accounts. Housing associations could be forced to post substantial impairment charges if they think government…
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HA downgrades due to whistleblowing?
It looks as though whistleblowers reporting landlords to the regulator have played a big part in this latest spate of downgrades, and we can…
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Latest regulatory judgements
A housing association has had its governance rating downgraded by the regulator after charging 662 households too much rent. According to Inside Housing: Network…
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Regulator may require HAs to take out loans for non affordable housing activity
Permission may be needed to protect social housing assets. English housing associations may have to ask permission from the regulator to take out loans against…
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£350m could be saved by LAs in sharing services says new report
Shared services have saved the taxpayer more than £350m with 96% of councils involved in some kind of sharing, according to the latest figures…
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Stress tests for lenders
The details of ‘stress tests’ to be applied to lenders in order to prove to the Bank of England they can withstand a large…
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Crowd sourcing for VFM ideas
A London borough is using crowd sourcing to encourage ‘innovative and game-changing ideas’ from staff on how to deal with budget cutbacks. Lewisham Council…
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Councils can raid housing rents if tenants agree
Housemark has suggested that councils should ‘raid’ their housing budgets to save statutory services like social care and child protection as budget cuts push…
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Shared services – most popular strategy for saving money
The shift towards shared services is the most popular strategy for saving money, according to a survey of local government managers. New Ways of…
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Regulator downgrades a further 2 HAs
The English social housing regulator has today downgraded the financial viability ratings of two landlords. According to Inside Housing: In its latest batch of…