More than £52m reserved for social housing at risk after collapse of investment firms
The collapse of investment firms within the Heylo Housing group has put over £52 million reserved for social housing at risk. This situation could lead to 3,500 social homes being transferred to the private sector, raising concerns about the government's deregulation of housing. The Regulator of Social Housing is now facing unprecedented challenges in protecting taxpayer money and ensuring the homes remain in the social housing sector.
- ▪One of the Heylo group companies went into administration owing £46.46 million to Homes England.
- ▪The collapse could result in 3,500 social homes switching to the private sector.
- ▪The Regulator of Social Housing is scrambling to find a rescue deal to protect public funds.
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One of the companies in the Heylo group went into administration owing £46.46m in unsecured credit to Homes England. Photograph: I Wei Huang/ShutterstockView image in fullscreenOne of the companies in the Heylo group went into administration owing £46.46m in unsecured credit to Homes England. Photograph: I Wei Huang/ShutterstockHousingMore than £52m reserved for social housing at risk after collapse of investment firms Exclusive: 3,500 social homes could switch to private sector after companies run by Heylo Housing group go into administrationMatthew WeaverWed 20 May 2026 08.52 EDTLast modified on Wed 20 May 2026 08.54 EDTSharePrefer the Guardian on GoogleMore than £52m in public money earmarked for social housing is at risk after the partial collapse of one of the England’s…
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