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Lease-based provider enters the Regulator of Social Housing’s insolvency process

The Regulator of Social Housing (RSH) has published a further Regulatory Notice (RN) for Larch Housing Association Limited, which is a lease-based provider.  Last month, Larch entered the RSH’s insolvency process and a moratorium commenced, due to creditor action taken against Larch. The RSH is engaging on the matter in accordance with its published statutory guidance.

The RSH had published an RN in December 2021 following its decision to de-register Larch, having published an RN in the previous month saying that it had notified Larch of its proposal to de-register it from the register of social housing providers, using its power under section 118 of the Housing and Regeneration Act 2008 (HRA 2008).  Under section 118 of the HRA 2008, the RSH may remove a private registered provider from its register if it thinks the provider is no longer eligible for registration.  Larch made representations to the RSH, however the RSH concluded that Larch had failed to demonstrate that it could sustain its viability on an on-going basis.  The RSH had previously published non-compliant RNs for Larch in November 2019 and July 2020.

All of the Regulatory Judgements (RJs), RNs and Grading Under Review (GUR) listings published by the RSH can be viewed on the RSH’s website here.