A successful transfer of homes from Kincardine Housing Co-operative to Grampian Housing Association has now been completed.
The Regulator used its statutory powers to direct the transfer in November last year after 70% of Kincardine’s tenants who responded to an independent consultation were in favour of the move. The consultation was carried out by independent tenant advisor, the Tenants Information Service.
The Regulator’s decision to transfer the homes is the first time it has it has used its statutory powers to direct a transfer of assets of an RSL.
It followed a period of statutory intervention and independent investigations which identified serious governance and financial management failures which presented significant risks to tenants’ interests.
Ian Brennan, Director of Regulation, said:
“The majority of tenants who responded to the independent consultation supported this move. So, the successful conclusion of this transfer is a positive step.
“We took the decision to use our statutory powers to propose the transfer of Kincardine’s homes to Grampian to protect tenants’ interests. We used these powers because the problems at Kincardine were very serious and it did not have the capacity to address them. The move to Grampian will ensure that tenants’ homes are secure and they receive good services.”
Following the transfer of its homes to Grampian, Kincardine no longer meets the criteria for registration as a social landlord. The Regulator has written to Kincardine under Section 27 of the Housing (Scotland) Act 2010 to give it notice that it is considering removing it from the register of social landlords.
The Regulator has published updated regulation plans for Kincardine Housing Cooperative and Grampian Housing Association.
- 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 seven Board members. More information about the Regulator can be found on its website at www.scottishhousingregulator.gov.uk
- SHR regulates around 160 registered social landlords and the housing activities of 32 local authorities.
- SHR sets out its current approach to social housing regulation in its published framework – Regulation of Social Housing in Scotland.
- SHR sets out its approach to regulation in its published Regulatory Framework – Regulation of Social Housing in Scotland.
- SHR sets out the legislative and regulatory criteria for registration as a social landlord in section 4 of its published Regulatory Framework.
- SHR decided to transfer Kincardine to Grampian Housing Association in November 2018. https://www.scottishhousingregulator.gov.uk/news/kincardine-housing-co-operative-transfer-grampian-housing-association-following-regulator%E2%80%99s
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