V1 rating for Metropolitan from Homes and Communities Agency
Metropolitan has been upgraded to the highest possible rating for financial viability by the Homes and Communities Agency (HCA).
The announcement of the ‘V1’ rating was accompanied by confirmation that the organisation has also retained the top ‘G1’ rating for governance from the regulator.
The rating upgrade follows an in-depth assessment of Metropolitan, which the HCA completed in September last year.
Brian Johnson, chief executive of Metropolitan, said: “We welcome the HCA’s announcement which means that Metropolitan now has the top ‘V1’ rating for financial viability in addition to the top ‘G1’ rating for governance.
“This is a fantastic achievement and testament to the hard work put in over the last four years to make Metropolitan the financially strong and high-performing organisation that it is today.”