Trivallis maintains top regulatory rating

The November 2026 Regulatory Review confirms that Trivallis continues to meet the Welsh Government’s requirements for both:

• Governance and service delivery
• Financial viability

Both areas received a Green judgement, meaning Trivallis meets all regulatory requirements.

The review considered our self-evaluation, financial performance, compliance improvement plans and information gathered through regular engagement with Welsh Government housing regulators. The review concluded that no issues had emerged that would change Trivallis’ risk profile, meaning our previous judgement remains unchanged.

This outcome reflects our ongoing commitment to providing good services, strong governance and a financially secure organisation that can continue investing in homes and communities across South Wales.

As of March 2026, Trivallis:

• Owned and managed 10,892 homes
• Had an annual turnover of £68.8 million
• Remained financially strong, with enough income to comfortably cover loan interest payments
• Kept borrowing at a low level compared with the value of its homes and assets

The review also highlighted a small number of areas where we can strengthen future self-evaluations. These relate to how we document governance compliance, risk management and improvement planning. We will address these requirements as part of our next self-evaluation.

Our Chief Executive, Duncan Forbes, said:

“We’re delighted that Welsh Government has confirmed our Green ratings for both governance and financial viability.

“This judgement reflects the hard work of colleagues across Trivallis and the commitment of our Board to providing strong leadership and effective oversight.

“Maintaining the highest regulatory rating gives reassurance to our tenants, partners and stakeholders that Trivallis is well governed, financially strong and focused on delivering good services and homes for the communities we serve.”

You can read the full regulatory judgement and our latest self-evaluation documents on our website.

What does a Green judgement mean?

Regulatory judgements are issued by Welsh Government to assess how well registered social landlords are performing against national standards.

A Green judgement means that an organisation meets the Welsh Government’s requirements in the areas assessed. The judgement helps assure tenants, partners and stakeholders that the organisation is operating effectively and remains financially viable.