The Scottish Housing Regulator has continued its statutory appointments at Fairfield Housing Co-operation.
The Regulator first used its statutory powers to appoint a manager and seven members to the governing body in December 2018 after it identified serious weaknesses in the Co-operative’s governance and financial management and failures to comply with Regulatory Standards.
The Regulator took this action to protect tenants’ interests, public and private funders’ confidence and the reputation of registered social landlords.
Helen Shaw, Assistant Director of Regulation, said: “We have seen positive action and progress by Fairfield in addressing its serious weaknesses. Our statutory appointments will continue to support Fairfield to finish the important work needed to secure a good future for the Co-operative’s tenants and service users.”
The Regulator’s updated engagement plan sets out the details of its engagement.
Notes to editors
- 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
- SHR sets out how it regulates social landlords in its published framework – Regulation of Social Housing in Scotland.