Decision

Framework Housing Association (LH4184) - Regulatory Judgement: 12 November 2025

Updated 12 November 2025

Applies to England

Our Judgement 

	Grade/Judgement	Change	Date of assessment
Consumer		Not assessed yet
Governance	G1  Our judgement is that the landlord meets our governance requirements.	Assessed and unchanged	November 2025
Viability	V2  Our judgement is that the landlord meets our viability requirements. It has the financial capacity to deal with a reasonable range of adverse scenarios but needs to manage material risks to ensure continued compliance.	Assessed and unchanged	November 2025

Reason for publication 

We are publishing a regulatory judgement for Framework Housing Association (Framework) following a stability check completed in November 2025. 

This regulatory judgement confirms a governance grade of G1 and a financial viability grade of V2.  

Summary of the decision 

Based on the relevant information and evidence we reviewed in carrying out the stability check, our judgement is that Framework meets our viability requirements and has the financial capacity to deal with a reasonable range of adverse scenarios. However, it needs to manage material risks to ensure continued compliance. We have therefore concluded the landlord’s grade is unchanged and issue a V2 grade for Framework. 

From the stability check, there is no evidence to indicate a change in governance grade is required. Framework’s governance grade remains G1. 

This regulatory judgement is based on a stability check which does not include an assessment of Framework’s delivery of the outcomes of our consumer standards.  

Prior to this regulatory judgement, the governance and financial viability grades for Framework were last updated in November 2024 following a stability check to issue a governance grade of G1 and a financial viability grade of V2.  

How we reached our judgement 

We carried out a stability check of Framework as part of our annual stability check programme.  

Our judgement about how well Framework is delivering the viability outcomes of our Governance and Financial Viability Standard is based on a review of a range of documents provided by Framework, as well as analysis of information supplied by Framework in its regulatory returns. 

In confirming Framework’s governance grade as part of the stability check, our work was limited to verifying that the information contained in Framework’s regulatory returns did not appear inconsistent with its existing published governance grade. 

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

Summary of findings 

Governance - G1 - November 2025 

From the stability check, there is no evidence to indicate that a change in governance grade is required. 

Viability - V2 - November 2025 

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

Framework’s financial plans are consistent with, and support, its financial strategy. Framework has an adequately funded business plan, sufficient security in place and is forecast to continue to meet its financial covenants. 

Framework operates with low margins due to its business model. A significant part of Framework’s income comes from support contracts and therefore is subject to uncertainty as well as constraints. There is a need to manage financial resources carefully including through continued efficiencies. Framework’s stress testing demonstrates that it has the financial capacity to deal with a reasonable range of exposures, but it needs to continue to manage the risks associated with the funding of its support activities, including an element of reliance on grants from statutory sources.   

Background to the judgement 

About the landlord 

According to the 2025 statistical data return Framework owns 1,242 homes in the East Midlands. 

Our role and regulatory approach 

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

We regulate at the landlord level to drive improvement in how landlords operate. 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).  

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. Ultimately this provides 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.  

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 on our standards page.  

We assess the performance of landlords through inspections and by reviewing data that landlords are required to submit to us. In Depth Assessments (IDAs) were one of our previous assessment 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.  

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.   

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

Further information

• Regulating the standards

• Regulatory standards for landlords