Following the Regulators engagement Inquilab was downgraded to G2 for governance as we had identified some weaknesses in our health and safety controls which have now been improved. We have taken steps to improve this situation which the Regulator has acknowledged. We will continue to work closely with the Regulator to maintain full compliance with the Regulatory Standards.
In respect of our financial plans, we retained our V1 grading and are pleased that the Regulator has assurance that our plans are consistent and support our financial strategy
Inquilab Housing Association