The Regulator of Social Housing published its latest Sector Risk Profile on 22 October 2026, calling on social housing boards and councillors to provide strong strategic leadership and to hold the information needed to make difficult decisions about competing priorities. The report says landlords must manage growing financial and operational risks to balance major investment in existing homes with the need to build new social housing.

According to the regulator, landlords face an increasingly complex environment as they improve the quality, safety and energy efficiency of existing homes while helping meet demand for new affordable housing. Further substantial investment will be required for building safety, stock condition and to adapt to Awaab's Law, the Decent Homes Standard and Minimum Energy Efficiency Standards. The report adds that a difficult economic environment compounds these pressures, with many landlords operating with historically low interest cover and facing higher borrowing costs, refinancing pressures and inflation risks. It also highlights cyber security, data protection and operational resilience.

Chief Executive Jonathan Walters said there are no easy choices and that strong governance, a clear strategic direction and a longer-term view are essential. The report warns that disposing of properties to release resources can reduce the availability of social homes and should not be relied on as a long-term solution.