Here’s the latest I can verify from public sources up to now:
If you’d like, I can:
Would you like me to focus on regulatory status, tenant-facing issues, or development finances? I can also add brief citations after each item if you want sourced references included.
The complaint is about: The landlord’s handling of the resident’s reports of leaks in the building and the damp and mould within her property. The landlord’s handling of the resident’s complaint through its internal complaints process. The Ombudsman also assessed the landlord’s record keeping.
www.housing-ombudsman.org.uk▪ £750m of investment in the business plan ▪ We implemented new software that enables us to measure the impact of carried out works on EPC ratings. ▪ Success in bidding for Social Housing De-carbonisation Fund (SHDF) £4.6m gives headroom. We are currently reviewing criteria for SHDF Wave 3 that were issued in May 2024 19 Source: VIVID management information as at 31 March 2024 … • 1,524 new homes completed (over 90% of which were affordable) • Secured £10.3m of income for customers • £87.5m...
www.vividhomes.co.ukThe complaint is about the landlord’s handling of the resident’s reports of damp and mould in the property.
hos.staging.civiccomputing.comBased on the relevant information and evidence we reviewed in carrying out the stability check, our judgement is that Vivid meets our viability requirements and has the financial capacity to deal with a wide range of adverse scenarios. We have therefore concluded the landlord’s grade is unchanged and issue a V1 grade for Vivid. From the stability check, there is no evidence to indicate a change in governance grade is required. Vivid’s governance grade remains G1. … Vivid’s latest business plan...
www.gov.ukThe complaint is about the resident’s reports of floods affecting the property.
www.housing-ombudsman.org.ukThis complaint is about the landlord's handling of reports of damp and mould within the resident’s home.
hos.staging.civiccomputing.comLONDON (S&P Global Ratings) Oct. 7, 2022--S&P Global Ratings today assigned its 'A' long-term issuer credit rating on U.K. social housing provider VIVID Housing Ltd. The outlook is stable. The stable outlook reflects our expectation that VIVID will continue to prudently manage the risk from its sales activities. In our view, a steady increase in rental revenue would mitigate the impact on credit metrics of VIVID's planned investment in its existing homes, combined with cost inflation. …...
www.spglobal.com43% Regulatory grading G1 / V1 Gearing 48% New homes 1,390* Operating margin 32% Turnover £333m *New homes built during 1 April 2022 to 31 March 2023 Source: Annual Report 2022/23 and ESG Report 2021/22. Details of our credit ratings can be found at Financial information VIVID (vividhomes.co.uk) 5 … Classification: Limited We’re taking a measured approach to development, looking to develop c.1,400 homes per annum 70% of our development over the next 5 years is contractually committed, 30%...
www.vividhomes.co.ukThe Regulator of Social Housing's view of how well Vivid Housing Limited is meeting regulatory standards.
www.gov.uk