ALMOs Boss Wants New Regulator For Councils With Housing Stock

National Federation of ALMOs (NFA) managing director, Eamon McGoldrick, has confirmed talks over a new regulator or ombudsman to oversee councils with housing stock. McGoldrick says: “About 55-60% of the socially rented housing stock is managed by housing associations, but 100% of the failings on public record are through housing associations – that doesn’t seem right.” McGoldrick said he had been talking to civil servants about the possibility of creating a “light touch” regulator or ombudsman to oversee councils with homes in-house or managed by ALMOs. “If you are a housing association you will tell the regulator you have fallen behind with gas servicing, because if you don’t and the regulator finds out you will get downgraded… which in turn impacts on their ability to borrow,” he said. There is no similar impact on councils or ALMOs. Read more on 24housing.

https://www.24housing.co.uk/news/almo-boss-wants-new-regulator-for-councils-with-housing-stock/