Trent & Dove CEO responds to regulator’s judgement
Following an annual stability check the Regulator of Social Housing has regraded Trent & Dove’s financial viability judgement from V1 to V2 and confirmed our retention of G1, being the highest grade for governance. The regulatory judgement has been published today.
Ursula Bennion, Chief Executive of Trent & Dove, said:
The regulatory decision to regrade our financial viability to V2 reflects the economic pressures we and other housing providers face across the sector. Trent & Dove remains committed to delivering on our five-year strategic plan focusing on people, purpose and performance.
Trent & Dove continue to transform homes, lives & communities by delivering around 830 new homes by 2029, alongside regeneration of, and investment in, our current 6,500 homes. This is combined with significant spend on community support strategies.
The regulator’s assurance that Trent & Dove continues to comply with its Governance and Financial Viability Standard, and that our financial plans are consistent with, and support, our strategic plan, provides our customers and funders with confidence in our delivery.
The regulator’s assessment of Trent & Dove’s compliance with the governance elements of the Governance and Financial Viability Standard remains unchanged. On the basis of the Stability Check, the regulator has concluded that there is no evidence to indicate a change to Trent & Dove’s current governance grading.