Saxon Weald governance rating re-assessed

Following our regulatory inspection in September 2024, Saxon Weald received a judgement from the Regulator of Social Housing of: 

• Governance: how well a landlord is run - G1 

• Financial Viability: financial health – V2 

• Consumer Standards: compliance with consumer standards - C2 

 

Today Saxon Weald have received an updated regulatory judgement changing our governance rating to G2. This reflects concerns we reported to them in relation to overdue fire safety actions and budget overspends in addressing the problem. 

 

While this remains a compliant grading, we recognise the importance of strengthening our oversight on property safety and financial controls. We have a comprehensive action plan to address these areas. This includes targeted initiatives to improve our understanding of property conditions and better respond to the individual needs of our customers. 

 

We are already seeing progress, including: 

• A substantial reduction in overdue safety actions 

• improvement in our repairs service 

• implementation of stronger financial and procurement controls 

• enhanced data collection on our homes and customers 

 

We will be working closely with the Regulator to restore our G1 rating and achieve a C1 classification. This reflects our dedication to excellent governance and customer service. 

 

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