Scottish Housing Regulator sets out the risks it will focus on in its next annual risk assessment

Article from the Scottish Housing Regulator

The Scottish Housing Regulator has today published a summary of the risks that it will focus on in its next annual risk assessment.

Last year the Regulator amended the approach to its annual risk assessment to take into account the impact of the pandemic on landlords’ performance. It will continue to do that this year and will seek to focus on the resilience of landlords. It will also continue with a focus on homelessness, performance, the quality of homes, social landlords’ plans to develop new, affordable housing and the financial health and governance in RSLs.

The Regulator’s annual risk assessment is the main way it works to protect the interests of tenants and service users. It informs the Regulator’s decision about what further information or assurance it needs from social landlords. The Regulator sets out how it will engage with each landlord in an engagement plan which it publishes on its website. For RSLs this will include a Regulatory Status. It will publish the outcomes from its risk assessment by the end of March 2021.

Helen Shaw, Assistant Director of Regulation said:

“Social landlords have faced unprecedented challenges over the past 18 months and have been at the forefront of efforts to support their tenants in such difficult times. It is likely that the impact of the pandemic will continue to be felt by social landlords for some time. And they will continue to face other challenges as they work to build back the services they provide for tenants, and meet wider challenges around for example climate change and the development of affordable new homes.”

Read the risks we will focus on.