Tuesday, October 16, 2007

Good news for social landlords and their tenants - a new regulator

Inside Housing reports that the government has agreed to set up a new standalone social housing regulator. So the regulatory role will not be handed to the Audit Commission.

Its good news for all sectors of social housing which will be regulated by the Office for Tenants and Social Landlords. Even for the ALMOs, whose representative body had made the case for the Audit Commission. The inspectors are good at being inspectors but that never meant they necessarily had the skills or aptitudes for regulation.

Moreover, there is a strong case for new regulator to focus on regulating on finance and governance while allowing using tenant voice and choice to increasingly “regulate” service delivery.

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