My Space Housing Solutions added to RSH gradings under review list
The Regulator of Social Housing reports that My Space Housing Solutions has been placed on its gradings under review list today (18 September 2020).
The regulator notifies that a provider’s grading is under review when its compliant grade (G1 and G2 for governance, V1 or V2 for viability) is being investigated in relation to an issue which may result in a downgrade to a non-compliant grade (G3 or G4 for governance, V3 or V4 for viability).
My Space Housing Solutions recently passed the 1,000 unit threshold and as such does not have a current published grade.
The regulator is currently investigating matters which may impact on My Space Housing Solution’s compliance with the Governance and Financial Viability Standard. The outcome of the investigation will be confirmed in a regulatory judgement, once completed.
The regulator’s [GUR list]/government/admin/publications/1109487) is available on the website.
Notes to Editors