To ask the Scottish Executive what role the Scottish Housing Regulator has in relation to factoring services provided by housing associations and social landlords.
I have asked Michael Cameron, Acting Chief Executive of the Scottish Housing Regulator to respond.
His response is as follows:
The Scottish Housing Regulator''s overall purpose is to regulate to:
protect the interests of current and future tenants, and other service users;
ensure the continuing provision of good quality social housing in terms of decent homes, good services, value for money and financial viability, and
maintain the confidence of funders.
We publish performance standards and self-assessment guidance on factoring. We expect landlords to follow the principles of these standards in their activities. Where appropriate or when concerns have been raised by service users we test landlord performance against these principles during our inspections and other regulatory engagement.
Our analysis of registered social landlords finances includes an assessment of the impact any factoring activities have on their core business. We will discuss any concerns that may arise from this assessment with the landlord.