A2Dominion Housing Group Ltd A2Dominion Group retains G1/V2 rating
June 29 2022 - 4:47AM
RNS Non-Regulatory
TIDM54XE
A2Dominion Housing Group Ltd
29 June 2022
A2Dominion retains G1/V2 rating in latest housing regulator
assessment
A2Dominion Housing Group Ltd has retained a G1/V2 rating in an
in-depth assessment (IDA) by the Housing Regulator.
As one of the largest housing providers in London and Southern
England, they ensure their surplus is directed back into providing
much needed affordable homes, meaning that the Group is well placed
to continue with its development programme.
The Regulator of Social Housing reported that:
" A2Dominion's compliance with the governance elements of the
Governance and Financial Viability Standard remains unchanged.
Based on the evidence gained from the IDA, the regulator has
assurance that A2Dominion's governance arrangements enable it to
adequately control the organisation and to continue meeting its
objectives."
Anne Waterhouse, A2Dominion's Interim Group Chief Executive,
said:
"We are pleased to have retained our rating, having managed the
challenges and risks that exist in our current operating
environment. This rating provides assurance for our customers and
the wider community, as well as future partnerships, that the
organisation is well funded and continues to protect its social
housing portfolio.
"The Regulator's judgement has reaffirmed that the Group is well
positioned to deal with the inherent risks of delivering our large
and diverse development programme that will create thousands of
homes for the future."
A2Dominion provides affordable, private, and social rented
homes, with profits fed back into improving services and providing
new homes for the future. The Group also offers high-quality
sustainable homes for sale and shared ownership, available through
its FABRICA by A2Dominion brand.
For the full report from the Regulator of Social Housing go
to:
https://www.gov.uk/government/publications/regulatory-judgement-a2dominion-housing-group-limited
Press office contact
Sarah Ashton
Senior Corporate Communications Manager
A2Dominion Group
Sarah.Ashton@A2Dominion.co.uk
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