Special Administration Regime For English Housing Associations Comes Into Force

A new special administration regime which allows the Regulator for Social Housing (RSH) to deal with insolvent housing associations has come into force. The regime, which gives the regulator powers to appoint administrators, has received the necessary approvals from parliament to come into force. It sets up a bespoke system of administration – recommended in the aftermath of the Cosmopolitan saga – which will provide greater powers to protect tenants if an association goes bankrupt. Read more on Inside Housing.

https://www.insidehousing.co.uk/news/special-administration-regime-for-english-housing-associations-comes-into-force-57065?utm_source=Housing60&utm_medium=email&utm_content=article_link&utm_campaign=H60