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London-based housing provider placed under regulatory review
A small London-based housing provider has been placed under review by the Regulator of Social Housing (RSH).
Brent Community Housing is currently being investigated by the regulator on matters which the RSH said may impact its compliance with the Governance and Financial Viability Standard.
It comes one-and-a-half years after the small provider was deemed non-compliant by the regulator after it failed to file financial statements within six months of the latest accounting period despite repeated reminders.
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Two other small providers, Toddington United Almshouse Charity, and Wrott and Hill Charity, were also given non-compliant ratings at the time for the same reason.
Brent Community Housing is a housing co-operative that owns fewer than 1,000 homes and supports single people with difficulties securing affordable accommodation in the borough.
The regulator does not carry out in-depth assessments of social housing providers that own fewer than 1,000 homes, however these smaller providers are still required to submit signed accounts in order to assure the regulator of their financial viability.
Inside Housing has approached Brent Community Housing for comment.
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