Longhurst Group retains highest rating from regulator
14 January 2021
Longhurst Group is delighted to announce that, once again, it has retained the highest possible rating from the Regulator of Social Housing for governance and viability.
We have retained our G1/V1 status following the announcement of the regulator’s latest round of judgements. It is the highest rating a housing association can achieve, with a G1 for governance and V1 for financial viability.
Welcoming the news, Deputy Chief Executive and Chief Financial Officer, Rob Griffiths, said: “We’re absolutely delighted to have retained our G1/V1 status, which reaffirms our reputation as a strong, well-governed and financially-sound organisation.
The retention of this rating demonstrates that, despite the significant challenges of the last year, we remain well-placed to deliver our Improving Lives 2025 strategy, which will see us deliver many more new homes and go to new lengths to do even more for our customers and communities.
“We have ambitious plans for the future, but central to us delivering on that vision will be our sound financial management and good governance, so this rating is a fantastic endorsement and a real testament to the hard work of all our colleagues across the business.”
To read more on our plans for the future, read our latest Annual Report and Financial Statements, here.