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Our Judgement

	Grade/Judgement	Change	Date of assessment
Consumer	Ìý	Not assessed yet	Ìý
Governance	G1Ìý OurÌýjudgementÌýis that the landlord meets our governance requirements.	Assessed and unchanged	NovemberÌý2025
Viability	V1Ìý Our judgement is that the landlord meets our viability requirements and has the financial capacity to deal with a wide range of adverse scenarios.	Assessed and unchanged	November 2025

Reason for publicationÌý

We are publishing a regulatory judgement forÌýProgress Housing Group Limited (Progress)Ìýfollowing aÌýstability checkÌýcompleted inÌýNovember 2025.ÌýÌý

This regulatory judgement confirms a governance gradeÌýofÌýG1Ìýand a financial viability gradeÌýofÌýV1.ÌýÌý

Summary of the decisionÌý

Based on the relevant information and evidence we reviewed in carrying out the stability check,ÌýourÌýjudgement is thatÌýProgressÌýmeets our viability requirements and has the financial capacity to deal with a wide range of adverse scenarios.ÌýWe haveÌýthereforeÌýconcludedÌýthe landlord’s grade is unchanged andÌýissueÌýa V1 grade forÌýProgress.Ìý

From the stability check, there is no evidence toÌýindicateÌýa change in governance grade isÌýrequired.ÌýProgress’Ìýgovernance gradeÌýremainsÌýG1.Ìý

This regulatory judgement is based onÌýa stability check which does notÌýinclude anÌýassessment ofÌýProgress’Ìýdelivery of the outcomes of our consumer standards.ÌýÌý

Prior to this regulatory judgement, the governance and financial viabilityÌýgradesÌýforÌýProgressÌýwere last updated inÌýDecember 2024ÌýfollowingÌýa stability checkÌýtoÌýissueÌýaÌýgovernance grade ofÌýG1Ìýand aÌýfinancial viability grade ofÌýV1.Ìý

How we reached our judgementÌý

We carried outÌýaÌýstability checkÌýofÌýProgressÌýas part of our annual stability check programme.ÌýÌý

Our judgementÌýabout how wellÌýProgressÌýis delivering the viability outcomes of our Governance and Financial Viability StandardÌýis based on a review ofÌýa range of documents provided byÌýProgressÌýas well as analysis of information supplied byÌýProgressÌýin its regulatory returns.Ìý

InÌýconfirmingÌýProgress’Ìýgovernance grade as part of the stability check, our work was limited to verifying that the information contained inÌýProgress’ regulatory returnsÌýdid not appear inconsistent with its existing published governance grade.Ìý

Our stability checks do not assess a landlord’s delivery of the outcomes of our consumer standards.ÌýÌý

Summary of findingsÌý

GovernanceÌý–ÌýG1Ìý–ÌýNovemberÌý2025Ìý

From the stability check, there is no evidence toÌýindicateÌýthat a change in governance grade isÌýrequired. Ìý

ViabilityÌý– V1 –ÌýNovember 2025Ìý

Based on evidence gained from the stability check, we have assurance that Progress meets the viability requirements of the Governance and Financial Viability Standard.Ìý

ProgressÌýhas providedÌýappropriate assuranceÌýthat it has access to sufficient liquidity and there is funding in place to support its financial strategy. The planÌýdemonstratesÌýheadroom for investment in existing stock and continues to forecast compliance with funder covenants.Ìý

Background to the judgementÌý

About theÌýlandlordÌý

According toÌýthe 2025Ìýstatistical dataÌýreturnÌýProgressÌýownsÌý11,149ÌýhomesÌýnationwide with a concentration of stock in theÌýNorthÌýWest.Ìý

Our role and regulatory approachÌý

We regulate forÌýa viable, efficient, and well governed social housing sector able to deliver quality homes and services for current and future tenants.  Ìý

We regulate at the landlord level to drive improvement in how landlordsÌýoperate. By landlord we mean a registered provider of social housing. These can either be local authorities, or private registered providers (other organisations registered with us such as non-profit housing associations, co-operatives, or profit-making organisations). Ìý

We set standards which state outcomes that landlords must deliver. The outcomes of our standards include both the required outcomes and specific expectations we set. Where we find there are significant failures in landlords which we consider to be material to the landlord’s delivery of those outcomes, we hold them to account.ÌýUltimately thisÌýprovides protection for tenants’ homes and services and achieves better outcomes for current and future tenants. It also contributes to a sustainable sector which can attract strong investment. Ìý

We have a different role for regulating local authorities than for other landlords. This is because we have a narrower role for local authorities and the Governance and Financial Viability Standard, and Value for Money Standard do not apply. Further detail on which standards apply to different landlords can be found onÌýourÌýstandards page. Ìý

We assess the performance of landlords through inspections and by reviewing data that landlordsÌýare required toÌýsubmitÌýto us. InÌýDepth Assessments (IDAs) were one of ourÌýpreviousÌýassessment processes, which are now replaced by our inspections programme from 1 April 2024. We also respond where there is an issue or a potential issue that may be material to a landlord’s delivery of the outcomes of our standards. We publish regulatory judgements that describe our view of landlords’ performance with our standards. We also publish grades for landlords with more than 1,000 social housing homes. Ìý

The Housing Ombudsman deals with individual complaints. When individual complaints are referred to us, we investigate if we consider that the issue may be material to a landlord’s delivery of the outcomes of our standards.  Ìý

For more information about our approach to regulation, please seeÌýRegulating the Standards.

Further information