Regulator downgrades 19 housing associations citing ‘weakening housing market’

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Major developers Clarion, L&Q, Home Group, Places for People and Sovereign among those with lowered viability ratings

The Regulator of Social Housing (RSH) has lowered its financial viability grading for 19 housing associations, including some of the biggest in the UK because of worsening economic conditions.

The RSH today published 27 regulatory judgements, of which 19 have been lowered from the top score of V1 to V2.

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