{"id":78634,"date":"2017-02-03T14:00:00","date_gmt":"2017-02-03T14:00:00","guid":{"rendered":"http:\/\/mostafa.openonline.co.uk\/?guid=8d464cc62d41a7773380878174b7c41f"},"modified":"2017-02-03T14:00:00","modified_gmt":"2017-02-03T14:00:00","slug":"press-release-luminus-group-limiteds-grading-under-review","status":"publish","type":"post","link":"https:\/\/mostafa.openonline.co.uk\/?p=78634","title":{"rendered":"Press release: Luminus Group Limited’s grading under review"},"content":{"rendered":"
\n

The Homes and Communities Agency reports today (3 February 2017) that Luminus Group Limited\u2019s grading is currently under review.<\/p>\n

The HCA<\/abbr>\u2019s social housing regulator notifies that a provider\u2019s grading is under review when its compliant grade (G1 and G2 for governance, V1 or V2 for viability) is being investigated in relation to an issue that may result in a downgrade to a non-compliant grade (G3 or G4 for governance, V3 or V4 for viability).<\/p>\n

The outcome of the investigation will be confirmed in an updated regulatory judgement, once completed.<\/p>\n

Luminus Group Limited\u2019s current grade is G1 and V2. The regulator is currently investigating a matter that calls into question the provider\u2019s compliance with the governance element of the Governance and Financial Viability Standard.<\/p>\n

Further information<\/h2>\n

The social housing regulator\u2019s gradings under review list<\/a> is available on the HCA<\/abbr> website.<\/p>\n

The regulatory framework<\/a> can also be found on the HCA<\/abbr> website.<\/p>\n

The Homes and Communities Agency is the single, national housing and regeneration delivery agency for England, and is the regulator of social housing providers. As regulator, its purpose is to promote a viable, efficient and well-governed social housing sector able to deliver homes that meet a range of needs. It will do this by undertaking robust economic regulation, as enshrined in legislation, focusing on governance, financial viability and value for money that maintains lender confidence and protects the taxpayer.<\/p>\n

For more information visit the HCA<\/abbr> website<\/a> or follow us on Twitter<\/a>.<\/p>\n

Our media enquiries page<\/a> has contact details for journalists.<\/p>\n

For general queries to the HCA<\/abbr>, please email mail@homesandcommunities.co.uk<\/a> or call 0300 1234 500.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The GUR lists providers being investigated for an issue that may result in non-compliant grades for the governance and\/or financial viability standard.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"_links":{"self":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/78634"}],"collection":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=78634"}],"version-history":[{"count":0,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/78634\/revisions"}],"wp:attachment":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=78634"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=78634"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=78634"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}