Cottsway Housing Association Limited (L4312) - Regulatory Judgement: 28 October 2026
Updated 28 October 2026
Applies to England
© Crown copyright 2026
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Our Judgement
| Grade/Judgement | Change | Date of assessment | |
|---|---|---|---|
| Consumer | Not assessed yet | ||
| Governance | G1 Our judgement is that the landlord meets our governance requirements. |
Based on previous assessment | November 2025 |
| Viability | V1 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 | October 2026 |
Reason for publication
We are publishing a regulatory judgement for Cottsway Housing Association Limited (Cottsway) following a stability check completed in October 2026.
This regulatory judgement issues a financial viability grade of V1.
Cottsway’s most recent governance grade remains G1, which was issued in November 2025 following a previous stability check. To date Cottsway has not been issued with a consumer grade.
Previously our stability check process included an assessment of whether there was evidence to indicate that a change in a landlord’s governance grade was required. The stability check process now no longer includes that assessment.
Summary of the decision
Based on the relevant information and evidence we reviewed in carrying out the stability check, our judgement is that Cottsway meets our viability requirements and has the financial capacity to deal with a wide range of adverse scenarios. We have therefore concluded a V1 grade for Cottsway.
Based on our previous assessment, our judgement is that Cottsway meets our governance requirements. Cottsway governance grade remains G1 based on that assessment.
How we reached our judgement
We carried out a stability check of Cottsway as part of our annual stability check programme. The stability check focused on our viability requirements and did not include an assessment of how well the landlord is delivering our governance requirements or the outcomes of our consumer standards. This regulatory judgement does not include new consumer or governance grades for Cottsway.
Our judgement about how well Cottsway is delivering the viability requirements of our Governance and Financial Viability Standard is based on a review of a range of relevant information and documents, as well as analysis of information supplied by Cottsway in its regulatory returns.
Prior to this regulatory judgement, the governance and financial viability grades for Cottsway were last updated in November 2025 following a previous stability check to issue a governance grade of G1 and a financial viability grade of V1.
Summary of findings
Governance – G1 – November 2025
In November 2025 we undertook a stability check that concluded there was no evidence to indicate a change in Cottsway’s governance grade was required. Cottsway’s governance grade remained G1.
Viability – V1 – October 2026
Based on the evidence reviewed through our latest stability check, our judgement is that Cottsway meets the viability requirements of the Governance and Financial Viability Standard and has the financial capacity to deal with a wide range of adverse scenarios.
Cottsway has a strong financial profile, and its stress testing demonstrates that financial capacity is built into its business plan. Cottsway has provided appropriate assurance that it has access to sufficient liquidity and adequate funding in place.
Cottsway’s latest business plan forecasts continued covenant compliance while providing for decarbonisation commitments
Background to the judgement
About the landlord
Cottsway owns around 6,000 social homes in the South of England.
Our role and regulatory approach
Regulatory judgements are our published view of how well a landlord is delivering the outcomes of our standards. For more information about our approach to regulation, please see Our role and approach to regulating landlords and How we regulate, which includes more details on our judgements and gradings.