UK regulator stepped in five times over housing associations facing insolvency

These were all smaller, not-for-profit associations with fewer than 30,000 homes. The cause was disputes with trade creditors, often over late payments to contractors. According to the RSH, the number of such disputes has increased over the past decade, suggesting suppliers are turning to the courts more readily.

During a moratorium, an association may not sell land without the regulator's approval, which can also appoint an interim manager. None of these powers were used in the five cases. The RSH describes the sector as financially resilient.