In an updated engagement plan published this week, the Regulator notes the action plan outlined by CVHA to address the issue and the good progress being made to carry out a programme of improvements.

The Regulator has been engaging with Clyde Valley about its service performance and also because it is a systemically important landlord due to its size and level of debt.

The engagement plan states: “Clyde Valley has identified weaknesses in its management of gas safety. It is committed to addressing the weaknesses as quickly as possible. It has developed an action plan and is making good progress in carrying out its programme of improvements.

“As part of its action plan Clyde Valley is reviewing the accuracy of its data on gas safety. We have been engaging with Clyde Valley about the steps it is taking to address these issues and to ensure it is complying with the Regulatory Standards of Governance and Financial Management and its tenant safety duties.”

Lynn Wassell, CEO, Clyde Valley Housing Association, told Scottish Housing News: “Customer safety is our key priority at Clyde Valley Housing Association. As soon as we identified issues with our management of gas safety and data accuracy, we notified the Scottish Housing Regulator and quickly took action.

“We continue to work closely with the Scottish Housing Regulator and welcome their recognition that CVHA is making good progress in carrying out its programme of improvements.”

Clyde Valley plans to develop new homes for social rent and mid-market rent in the near future.