Engagement Plan 13 October 2022 to 30 March 2023

Landlord name

Harbour Homes Scotland Limited

Publication date

13 October 2022

Regulatory status


The RSL meets regulatory requirements, including the Standards of Governance and Financial Management.

Why we are engaging with Harbour Homes Scotland Ltd (Harbour Homes)

We are engaging with Harbour Homes  about its development plans.

Harbour Homes is one of the larger developers of new affordable housing in Scotland.  It has plans to grow through a considerable programme of new homes for social rent and mid-market rent, and will receive significant public subsidy to help achieve this.  The number of affordable homes provided by Harbour Homes will increase by around one quarter over the next five years.

Harbour Homes was previously known as Port of Leith Housing Association Ltd. The Financial Conduct Authority approved the formal name change on 1 August 2022.

Harbour Homes provided us with its approved business plan and risk register and we met with Senior Staff to discuss this in September 2022.

What Harbour Homes must do

Harbour Homes must:

  • send us an update on its development programme by 31 October 2022. This will include details of the scale and tenure mix, timescales for delivery and any material delays or changes to the programme; and
  • tell us if there are any material adverse changes to its demolition and development plans which might affect its financial position or reputation, in line with our notifiable events guidance.

What we will do

We will:

  •  review the development update and liaise as necessary; and
  • update our published engagement plan in light of any material change to our planned engagement with Harbour Homes.

Regulatory returns

Harbour Homes must provide us with the following annual regulatory returns and alert us to notifiable events as appropriate:

  • Annual Assurance Statement;
  • audited financial statements and external auditor’s management letter;
  • loan portfolio return;
  • five year financial projections; and
  • Annual Return on the Charter.

It should also notify us of any material changes to its Annual Assurance Statement, and any tenant and resident safety matter which has been reported to or is being investigated by the Health and Safety Executive or reports from regulatory or statutory authorities or insurance providers, relating to safety concerns.



Our lead officer for Harbour Homes Scotland Ltd is:

Kelda McMichael

Regulation Manager