Working with the regulator update

Wednesday, March 25, 2026

News image

In common with many housing associations, the economic pressures of recent years have presented extensive financial challenges, including increased building safety spending, and higher operating costs.

Following a review we have identified some possible concerns, which we have voluntarily referred to the regulator.  We understand and welcome the scrutiny and expert guidance of the regulator. We will work closely with them and our advisors to actively manage the situation.

Our focus remains on delivering safe, decent homes and good quality services.

25 March update

Our statement in response to the Regulator's judgement

Arhag Housing Association's board accepts the regulatory judgement from the Regulator of Social Housing.

When the seriousness of our financial position became clear, the board acted quickly and decisively to protect our residents and our homes. We are grateful that the Regulator has acknowledged these efforts and our collaborative approach.

Following resident consultation and due diligence, the board has approved a merger and from 1 April 2026, Arhag will become a subsidiary of Hyde Group, ensuring our residents' homes and services remain secure for the long term.

 

 

......................................................................................

Press office

Keeble Brown

Email hello@keeblebrown.com

Phone 0800 061 4979