Factors for assessing regulatory issues
Summary
The Regulator of Social Housing has updated its guidance on how it assesses issues of potential regulatory concern, including language changes to reflect the introduction of the Competence and Conduct Standard. The document explains that the regulator uses a risk-based, case-by-case approach and may seek further information from landlords and, where appropriate, other stakeholders when considering material issues.
Why it matters
Residential property surveyors working in or alongside social housing should note the regulator’s emphasis on materiality, stakeholder impact and flexible case assessment. The update signals how regulatory concerns may be judged in relation to landlord performance, tenant outcomes and wider sector risk.
Key points
- Guidance updated to reflect the Competence and Conduct Standard.
- Regulator uses a risk-based approach to assess potential regulatory concern.
- Assessment is case-by-case and factors are applied flexibly.
- Further information may be sought from landlords and other stakeholders.
- Potential impacts include effects on tenants, landlord finances and sector reputation.
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