Withdrawn Regulatory Notice: Kinsman Housing Limited (30 June 2023)
Updated 8 September 2023
Applies to England
© Crown copyright 2023
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This publication is available at https://www.gov.uk/government/publications/regulatory-judgement-kinsman-housing-limited/regulatory-notice-kinsman-housing-limited-30-june-2023
Withdrawn on 8 September 2023: Kinsman Housing Limited was de-registered on 7 September 2023
RSH Regulatory Notice
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Provider: Kinsman Housing Limited
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Regulatory code: 4769
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Publication date: 30 June 2023
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Reason for publication: Economic standards
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Regulatory route: Reactive Engagement
Other providers included in the judgement
None
Regulatory Finding
This regulatory notice updates, and is intended to be read in conjunction with, the previously published enforcement and regulatory notices[footnote 1] and is a result of ongoing regulatory engagement with Kinsman Housing Limited (Kinsman). The regulator has notified Kinsman that it is proposing to exercise its power to de-register Kinsman from the register of social housing providers under section 118 of the Housing and Regeneration Act (HRA) 2008. In accordance with section 118(2) of the HRA 2008, the regulator has provided Kinsman with 16 days’ notice of the proposal and the opportunity to make representations to the regulator during that notice period. Following the expiry of that notice period, having considered any representations submitted by Kinsman, the regulator will make a decision.
The Case
The regulator maintains a register of providers of social housing. To be eligible for registration, an organisation must demonstrate its eligibility as set out in section 112 of the HRA 2008. The relevant criteria set by the regulator referred to in s112(3) are set out in guidance for new entrants on applying for registration as a provider of social housing[footnote 2] and include that a provider must meet the Governance and Financial Viability Standard at the point of registration and demonstrate it can sustain its financial viability on an ongoing basis. Under section 118 of the HRA 2008, the regulator may remove a private registered provider from the register if the regulator thinks it is no longer eligible for registration.
Kinsman remains in breach of the Governance and Financial Viability Standard. The regulator has assessed that Kinsman is unable to demonstrate that it can sustain its viability on an on-going basis. As a result, Kinsman cannot demonstrate that it meets the relevant criteria under section 112(3) of the HRA 2008. The regulator has a statutory duty to maintain the register of social housing providers.
About the provider
Kinsman is a not-for-profit provider registered in June 2013. Based on its most recent statistical data return, Kinsman owns and manages 31 units of social housing including 8 shared ownership properties.
About our Regulatory Notices
Regulatory notices are issued in response to an event of regulatory importance (for example, a finding of a breach of the Rent Standard or of a consumer standard that has or may cause serious harm) that, in accordance with its obligation to be transparent, the regulator wishes to make public. More detail about Regulatory notices is set out in Regulating the Standards.
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Enforcement Notice: Kinsman Housing Limited (15 February 2023) - GOV.UK (www.gov.uk), Regulatory Notice: Kinsman Housing Limited (28 November 2018) - GOV.UK, and Regulatory Notice: Kinsman Housing Limited (13 March 2019) - GOV.UK ↩
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Guidance for new entrants on applying for registration as a provider of social housing - GOV.UK (www.gov.uk) ↩