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Liverpool FC's Anfield housing partner placed on regulator 'watch list'

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Liverpool FC's Anfield housing partner placed on regulator 'watch list'

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Published by Jon Land for 24dash.com in Housing and also in Communities, Local Government

Liverpool FC's Anfield housing partner placed on regulator 'watch list' Liverpool FC's Anfield housing partner placed on regulator 'watch list'

The housing association at the centre of the planned multi-million pound regeneration of the Anfield area of Liverpool has been placed on the social housing regulator's 'watch list'.

Your Housing Group, which is working in partnership with Liverpool Football Club and the city council to transform the community around the famous Anfield stadium as part of a £260 million project, is being investigated by the Homes and Communities Agency over "matters which may impact on the group's published compliant governance grade".

The 32,000-home organisation is at risk of becoming only the second housing association to hit the ‘serious detriment’ threshold for intervention by the HCA due to tenant complaints. It is understood the problems related to gas safety issues on a number of properties.

Brian Cronin, chief executive of Your Housing Group, said: "The HCA’s investigation is due to a historical matter."

Tomorrow (February 7), city leaders are set to consider a formal framework for the regeneration project, which would see hundreds of new homes built along with the extension of the current stadium. If given the green light, as expected, planning applications could be submitted later this year.

London-based Gallions Housing Association was also criticised by the HCA for failing to carry out gas safety checks last October. It has since merged with the Peabody group.

As a result of the HCA’s concern, Your Housing Group has been placed on the ‘watch list’ of organisations at risk of becoming non-compliant with the HCA’s rules. It currently has a G1 rating, the highest possible. Non-compliance would take its governance rating down by at least two notches to a G3.

Your Housing Group was formed in April 2012 from a merger of Harvest Housing Group and Arena Housing Group.

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