The Scottish Housing Regulator has ended its statutory intervention at Antonine Housing Association following its transfer to Caledonia Housing Association.
The appointment of a statutory manager and the four remaining governing body appointees came to an end when Antonine transferred to Caledonia on October 1.
The Regulator used its statutory powers to appoint seven members to Antonine’s governing body and a manager in August 2016 to address “serious and urgent risks” to Antonine’s governance and financial management.
After reviewing the intervention in February 2017, the Regulator decided to continue the appointment of a manager and reduced the number of appointees from seven to six until February 2018. The appointments were reduced to five in November when one of the appointees stood down.
In updated regulation plan published in February, the Regulator recognised the “substantial progress” Antonine has made in addressing the serious weaknesses in its governance and financial management.
Now following the transfer, the Regulator has now published a revised regulation plan for Caledonia who will now take forward its plans to deliver better services and additional investment for tenants.
“Caledonia has set out an implementation plan for the period following the Antonine transfer and in the second half of 2018/19 we will engage with it to monitor progress with the plan. Antonine now plans to de-register and we will engage as necessary as the de-registration progresses,” the regulation plan stated.
Ian Brennan, the Regulator’s director of regulation, said: “With the support of our statutory appointments, Antonine was able to address the immediate risks to the interests of tenants and service users. In July 2018, Antonine’s tenants voted overwhelmingly to transfer to Caledonia. This is a good outcome for tenants and brings greater certainty for them when it comes to the homes and services their landlord provides.”