Research and analysis

Cosmopolitan Housing Group lessons learned

An independent report commissioned by the regulator, sets out lessons learned from the resolution of problems at Cosmopolitan Housing Group.

• From: Regulator of Social Housing
• Published: 1 June 2014

Applies to England

Documents

Cosmopolitan Housing Group lessons learned

PDF, 844 KB, 44 pages

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Details

This report examines:

• the historic context (looking back to 2003)
• assurance, governance and controls within Cosmopolitan Housing Group 2003 to 2005
• the merger between Chester and District Housing Trust and Cosmopolitan Housing Group
• liquidity issues and financial covenant compliance 2012
• HCA case handling of the crisis

The lessons learned for the sector, regulator and government are set out as recommendations at the end of this report.

Published 1 June 2014