The Scottish Housing Regulator has ended its statutory intervention in Wishaw and District Housing Association following the transfer of its engagements to Trust Housing Association.
97% of Wishaw and Districts’ tenants who voted in a ballot said they were in favour of the move.
Wishaw and District decided the interests of its tenants and service users were best served in future by transferring to another social landlord following a strategic review of the association in 2018. Trust was chosen as the preferred new landlord following a comprehensive evaluation process involving Wishaw and District’s tenants, staff and Board.
Ian Brennan, Director of Regulation, said:
“Wishaw and District’s tenants voted overwhelmingly in favour of the decision to transfer to Trust and we have ended our intervention now that it is complete.
During our intervention Wishaw and District worked constructively with the statutory manager and appointees to address its governance and financial management issues and to deliver the transfer
We will monitor how Trust delivers its commitments to Wishaw and Districts former tenants”.
The Regulator intervened February 2017 after it identified serious governance and financial management issues which posed a serious risks to tenants’ interests. It appointed a statutory manager and five members to Wishaw and District’s governing body in order to protect the interests of the association’s tenants. It increased the number of governing body appointees to eight in August in February 2018 to support the governing body to deliver the transfer.
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.housingregulator.gov.scot.
2. SHR sets out how it regulates social landlords in its published framework – Regulation of Social Housing in Scotland.