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A2Dominion retains top governance ratings, announces housing regulator

HCA The assessment reviewed the Group's financial strength and other areas

17-Feb-2016

Housing group A2Dominion has retained the highest possible regulatory ratings, the Homes and Communities Agency (HCA) has announced.

Following a recent in-depth assessment of the company, the HCA has again awarded A2Dominion with top scores for its governance and financial viability (G1/V1).

The in-depth assessment, which was carried out in November 2015, reviewed A2Dominion’s risk profile and governance, as well as its financial strengths and areas of development.

The HCA published the results on its website on 11 February 2016, as part of a wider list of judgements on how well registered housing providers are meeting regulatory standards.

Darrell Mercer, A2Dominion’s Chief Executive, said: “The G1/V1 grading means that we remain fully compliant with the HCA’s standards and we are delighted by these results.”

A2Dominion is a residential property group with 35,000 homes across London and the South East, and thousands more in the development pipeline.

Last year, the Group recorded a record surplus of £43.8m and saw its turnover rise to £297.2m. A2Dominion was previously assessed by the HCA in 2014, when it had already obtained the highest ratings.

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Press office contact

Anit Chatrath
Communications Manager (Corporate)
A2Dominion Group
Tel: 020 8825 1974

About A2Dominion

A2Dominion is a residential property group with 35,000 homes across London and the South East, and thousands more in the development pipeline.

The Group offers high-quality sustainable homes for sale and shared ownership, available through its FABRICA by A2Dominion brand.

It also provides affordable and private rented homes, student and key worker housing, temporary accommodation and housing for older people and vulnerable residents.

The Group has a unique approach to housebuilding, generating profits for a social purpose instead of for shareholders, with millions of pounds reinvested each year into building much-needed affordable homes and supporting local communities.

A2Dominion is part of the G15, a group of the largest housing providers in London.

Visit www.a2dominion.co.uk.

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This page was printed from A2Dominion Web site at http://www.a2dominion.co.uk/