The Scottish Housing Regulator today published a report on the outcome of its statutory intervention to protect tenants’ interests at Kincardine Housing Co-operative.
The Regulator used its powers to direct a transfer of Kincardine’s homes to Grampian Housing Association because of serious failures in governance and financial management. The Regulator then removed Kincardine from the register of social landlords.
The report explains why the Regulator intervened and sets out the action it took to address the serious weaknesses at Kincardine.
The Regulator ended its intervention in April 2019.
Margaret Sharkey, Assistant Director of Regulation at the Regulator said:
"We intervened to protect tenants’ interests at Kincardine because there were serious weaknesses across almost all aspects of its governance and financial management. Kincardine did not have the capacity to address its problems so we consulted tenants about a transfer to another social landlord. The majority of tenants who responded to the consultation were in favour of a transfer. We directed a transfer to Grampian Housing Association to make sure tenants’ homes were secure and they continued to receive good services."
Notes to editors
1. The Scottish Housing Regulator was established on 1 April 2011 under the Housing (Scotland) Act 2010. Its objective is to safeguard and promote the interests of tenants and others who use local authority and RSL housing services. The Regulator operates independently of Scottish Ministers and is accountable directly to the Scottish Parliament. It assumed its full regulatory responsibilities on 1 April 2012. The Regulator consists of the Chair and eight Board members. More information about the Regulator can be found on its website at www.scottishhousingregulator.gov.uk
2. SHR regulates around 160 registered social landlords and the housing activities of 32 local authorities.
3. SHR sets out how it regulates in its Regulatory Framework.