Boston Mayflower Finance PLC Regulatory Approval (3550R)
November 04 2021 - 5:23AM
UK Regulatory
TIDM90IY
RNS Number : 3550R
Boston Mayflower Finance PLC
04 November 2021
Boston Mayflower Finance PLC
3rd November 2021
The Regulator of Social Housing has announced the results of its
latest Regulatory Judgement for LHP. Our governance rating remains
at G1. This means that we meet all the Regulator's requirements in
relation to governance.
In addition, our financial viability rating remains at V2, which
demonstrates that we continue to meet the regulator's requirements
and have the financial capacity to deal with a reasonable range of
adverse scenarios.
Speaking about the judgement, Kathryn Price, Executive Director
of Finance said: "We're delighted that the Regulator of Social
Housing has maintained our G1 governance rating - it provides a
solid foundation as we develop our new Corporate Plan, which will
be available in 2022."
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