CIH North East Conference 20 th November 2014 Richard Medley, CIH Consultancy Geoff Prior, Thirteen Group
|
|
- Nelson Cunningham
- 5 years ago
- Views:
Transcription
1 CIH North East Conference 20 th November 2014 Richard Medley, CIH Consultancy Geoff Prior, Thirteen Group Learn with us. Improve with us. Influence with us
2 Asset management It s a whole new ballgame Learn with us. Improve with us. Influence with us 2
3 The pendulum has swung Delivering for the customer Decent homes Customer experience Delivering for the asset Asset performance Asset value Learn with us. Improve with us. Influence with us 3
4 CIH s respected Working together model allows participants to share thinking, experiences and developing approaches with peers from across the sector to produce tangible outcomes for participating organisations and for the wider social housing industry. Learn with us. Improve with us. Influence with us 4
5 The project members North England & Scotland Dumfries & Galloway Housing Partnership Thirteen Group Magenta Living First Choice Homes Oldham Weaver Vale Housing Trust Incommunities Group Midlands & Wales City of Lincoln Midland Heart HA Mears Group Charter Housing Two Rivers Housing London & South Dacorum Council Spectrum Housing Group Network Housing Group London Borough of Newham London Borough of Barking & Dagenham Willmott Dixon Learn with us. Improve with us. Influence with us 5
6 The project journey & its aims for the wider sector Delivering for the Wider Housing Sector The delivery of a new asset management model (a Charter?) Strengthening of the profile of asset management by taking the initiative Production of project Learning Report for promotion of the project and participants Aspiration, inspiration & the business case The strategic framework for asset management Assessing the performance of your housing stock Developing option appraisal Unlocking the potential of your housing stock Implementing the new asset management model Learn with us. Improve with us. Influence with us 6
7 Asset Management - the key drivers Demand & Supply Demographic changes, including ageing population Fluctuations in demand for particular locations and property types (impact of welfare reform) Growing emphasis on choice & increasing customer demands/expectations Stock Condition & Sustainability An ageing stock profile & fit for purpose issues with some property types The pressure to a deliver higher, local determined standard (Decent Homes +) Neighbourhood & economic sustainability Funding, Financing & VfM The imperative for assets & asset planning to support the Business Plan The need to optimise value & use of assets (economic regulation) The need for proactive solutions to improve stock portfolios & their performance Learn with us. Improve with us. Influence with us 7
8 So what s expected of asset managers today? Irrespective of organisation type or operating location: A robust approach to use of resources A clear understanding of the return on assets Consideration of the use of assets in the round, seeking the best strategy for delivering value from them, whilst meeting organisational objectives To use information on return on assets to underpin strategic decisions (e.g. hold stock in current form, dispose, convert tenure etc.) HCA & VfM Statements In the last set of statements it was on the return on assets requirement where people struggled most Jonathan Walters, Deputy Director Strategy & Performance, HCA Learn with us. Improve with us. Influence with us 8
9 The challenge of the CIH Working Together project? To work creatively in a positive environment to collectively define and develop a new model for asset management that responds to the challenges and opportunities we face. The aim? To re-define the way the sector approaches asset management, working up a model that is fit for purpose for the new operating environment and which can truly unlock the potential of the sector s housing stock. With the combination of regulatory requirements and the economic climate, the imperative for all social landlords to take a more intelligent approach to asset management has never been greater. Learn with us. Improve with us. Influence with us 9
10 And the ultimate objective of asset management today? To make sure the sector has the right skills, tools and resources in place to manage assets to create the optimum balance between cost, quality and utilisation in the organisation s own context. Learn with us. Improve with us. Influence with us 10
11 Learn with us. Improve with us. Influence with us
12 Learn with us. Improve with us. Influence with us 12
13 Learn with us. Improve with us. Influence with us 13
14 Learn with us. Improve with us. Influence with us 14
15 Learn with us. Improve with us. Influence with us 15
16 Learn with us. Improve with us. Influence with us 16
17 Learn with us. Improve with us. Influence with us 17
18 Learn with us. Improve with us. Influence with us 18
19 Learn with us. Improve with us. Influence with us 19
20 Learn with us. Improve with us. Influence with us 20
21 So what comprises Asset Management? Strategy Stock condition survey Yield NPV analysis New build Performance appraisal Energy Efficiency & fuel poverty Procurement Stock condition data Housing need & demand analysis Neighbourhood performance Redevelopment Learn with us. Improve with us. Influence with us 21
22 The key ingredients of sound asset management 1. A comprehensive, strategic approach The Asset Management Strategy as the essential framework Designed to unlock the potential of the housing stock Delivering for the business & the customer Built around a set of clear strategic priorities Shaped & informed by sound stock condition survey data, supplemented by other data on housing need/demand, socio-economic data etc. Learn with us. Improve with us. Influence with us 22
23 The key ingredients of sound asset management 2. A clear delivery plan The Asset Management Plan as the delivery vehicle What you re going to do How you re going to do it How much it s going to cost When you re going to do it by Who s going to do it Demonstrably delivering against the strategic objectives Shaped by and shared with residents Learn with us. Improve with us. Influence with us 23
24 The key ingredients of sound asset management 3. Understanding the performance of the assets The use of Asset Performance Tools but what is performance, what does it mean? Financial performance measures Net Present Value (NPV) Yield Non-financial performance measures Meeting social objectives Meeting political objectives Economic/regeneration objectives But which approach is best? Which value measure should you use? Learn with us. Improve with us. Influence with us 24
25 Net Present Value Analysis GRANGE VIEW BROADFIELD ROAD SHU BURDETT HOUSE THE BEECHES GEORGE PEARCE HOUSE MALVERN GARDENS THE LONG GROUND CONCORD SPRINGFIELDS COURT ARCHWAY GARDENS SHU GROVE PARK ROAD SHU ST NICHOLAS COURT CAMBRIDGE HOUSE VIZARD CLOSE THE CORRIETT WALTER PRESTON COURT CHAPEL LANE JENNER COURT DRAYCOTT ASHWELL HOUSE GLEBELANDS DRYLEAZE HOUSE HAZELWOOD SHERBORNE HOUSE WILLOW ROAD SHU ASHCROFT HOUSE TANNERS PIECE RINGFIELD CLOSE UPPER PARK ROAD HAMFALLOW COURT DRYLEAZE COURT SHU TRINITY DRIVE SHU GLEBE ROAD Per unit NPVs can vary dramatically within a property group, ranging from + 32k here down to - 5k ( 10,000) ( 5,000) 0 5,000 10,000 15,000 20,000 25,000 30,000 35,000 Learn with us. Improve with us. Influence with us 25
26 Net Present Value Objectives Effective asset management will lead to incomes increasing at a faster rate than the level of investment, returning a larger NPV over time Learn with us. Improve with us. Influence with us 26
27 The Yield Curve How should we go about setting targets and moving the yield to the right? Gross Yield: The annual return on your investment (the income the value) Learn with us. Improve with us. Influence with us 27
28 The key ingredients of sound asset management 4. Optimising cost, quality & utilisation Using performance information to inform option appraisal Identifying the actions that will generate more value or fresh potential Continue to invest & retain in current use Change of use Redevelopment Disposal Identifying where the potential lies to unlock asset potential, release value, provide for reinvestment Balancing economic motives against social responsibilities Learn with us. Improve with us. Influence with us 28
29 The key ingredients of sound asset management 5. Accountability providing assurance Evaluating the approach being taken Monitoring its impact/return Increase in average NPV Increase in average yield Meeting tenant needs/demands Impact on neighbourhood sustainability Local economic impact Providing clear information and assurance to boards, elected members, residents & other stakeholders Learn with us. Improve with us. Influence with us 29
30 The key ingredients of sound asset management 6. Effective, efficient procurement Using approaches that add real value to the asset Shifting the balance of risk to contractors & manufacturers Securing greater inter-organisational and interpersonal trust Promotion of a culture to support innovation, learning and development of mutual advantage Lifecycle considerations Landlords long lifecycle, reduced maintenance, lower carbon and improved NPV Residents safety, great performance, good looks and reduced call outs Contractors easy to fit, reliable and offer savings and predictability when taking on long term liabilities Lifecycle isn t taken seriously by the sector and is not considered a critical component of procurement Steve Coleman, TakeParts Learn with us. Improve with us. Influence with us 30
31 The key ingredients of sound asset management 7. Delivering wider sustainability For social landlords the value the assets bring also needs to be measured in broader ways: The cost of energy efficiency works versus the benefits for reducing fuel poverty The value of delivering local training & employment The regenerative benefits of your asset approaches The creation or sustaining of stronger communities But how to measure and monitor progress in these areas and demonstrate VfM? There are many impact tools, but CIH is developing a balanced scorecard approach Learn with us. Improve with us. Influence with us 31
32 Summarising these initial thoughts Delivering in Asset Management in this new world 1. A comprehensive strategic approach 2. A clear delivery plan 3. Understanding the performance of your assets 4. Optimising cost, quality & utilisation 5. Accountability providing assurance 6. Effective, efficient, procurement 7. Delivering wider sustainability It s not rocket science, but nor is it simple social landlords are complex organisations operating in a complex environment Learn with us. Improve with us. Influence with us 32
33 Working Together to redefine Asset Management Geoff Prior, Head of Assets
34 Thirteen Group (Formed April 2014) 4 Stock holding companies: Erimus Housing, Tees Valley Housing, Housing Hartlepool, Tristar Homes. 32,600 homes. Approx. 29,000 Teesside based homes. Currently harmonising asset & delivery approach. Asset Management Strategy December 2014.
35 Areas of activity we need to consider: Fuel Poverty Strategy and objectives Empty Homes Strategy (inc void specification) Option appraisal of marginal stock Garage Strategy The Thirteen property standard Estate Sustainability modelling Asset Management Strategy Making our homes the preferred choice Stock performance & estate trends Land holdings and potential usage Landlord 30 year Financial Business Plan adjustments Mandatory compliance issues New Development and where
36 Areas of activity we need to consider: Fuel Poverty Strategy and objectives Empty Homes Strategy (inc void specification) Option appraisal of marginal stock Garage Strategy The Thirteen property standard Estate Sustainability modelling Asset Management Strategy Making our homes the preferred choice Stock performance & estate trends Land holdings and potential usage Landlord 30 year Financial Business Plan adjustments Mandatory compliance issues New Development and where
37 Areas of activity we need to consider: Fuel Poverty Strategy and objectives Empty Homes Strategy (inc void specification) Option appraisal of marginal stock Garage Strategy The Thirteen property standard Estate Sustainability modelling Asset Management Strategy Making our homes the preferred choice Stock performance & estate trends Land holdings and potential usage Landlord 30 year Financial Business Plan adjustments Mandatory compliance issues New Development and where
38 So why did we join the CIH Working Together to Redefine Asset Management project? The social housing rental market has already changed. Bedroom Tax - 3 bedroom homes. Threat of competition from private landlords - i.e. lower standards of our stock (or perception of lower standard). Can we still claim to be the preferred social landlord? Are our standards high enough? We need to better understand the performance of our stock assets i.e. income v. present and future investment. This can only be done in conjunction with the development of a sustainability model. Decent Homes Standard+ - what does it really mean if some types of stock doesn't let or is too costly to run/maintain? New IT systems in July 2015 will provide estate modelling opportunities and as a precursor we will pilot a neighbourhood with CIH.
39 AMS Planning Progressive Thinking Very old approach investment requirement / annual budget. Old approach stock condition survey and 30 year finance model. Current approach net present value (viability of investment spend). Strategic approach intelligent use of data and asset grading - i.e. Sustainability modelling.
40 This can be illustrated as follows: Social Bearable Equitable Sustainable Environment Viable Economic
41 Asset Management and sustainability modelling
42 Grading & understanding the Assets
43 Risk questions : Is our one size fits all policy on our stock too restrictive? Can we really claim our properties have `kerb appeal`? Are our lettings policies/ procedure too cumbersome? Do we really protect our investment in our assets? Asset management isn`t just bricks and mortar but is also about : demand, geography and kerb appeal too. Why are some areas in a larger estate better than others in the same estate?
44 And our pilot areas in Thorntree :
45 And our pilot areas in Thorntree :
46 And our pilot areas in Thorntree :
47 Thorntree facts & figures : 979 properties: estate total approximately 1,400. Approx spend p.a. on repairs. 52 % in rent arrears. 3 bed homes difficult to let. 80% of tenancies in receipt of Housing Benefit. In the top 1% (UK) for Indices of multiple deprivation. In the top 10% (UK) for employment, income (effecting elderly people).
48 Thorntree Quarter /15 :
49 Britain's priciest council flat :
50 Questions & discussion 1. What do you think are the key attributes of effective asset management? 2. What else should asset management consider/involve that it doesn t currently? 3. Are asset managers taking the lead sufficiently? Are they in the driving seat in their organisations? 4. Is the rest of the organisation buying into the new asset management agenda? (because they need to, don t they?) 5. What would be the most useful outputs from the CIH Working Together to Redefine Asset Management project? Learn with us. Improve with us. Influence with us 50
51 Working Together to redefine Asset Management Richard Medley, CIH Consultancy Geoff Prior, Thirteen Group Learn with us. Improve with us. Influence with us
THIRTEEN GROUP VALUE FOR MONEY SELF-ASSESSMENT 2015
1 THIRTEEN GROUP VALUE FOR MONEY SELF-ASSESSMENT 2015 Contents 1. Executive Summary...3 2. Thirteen Housing Group...5 3. Principal Activities and Geographical Focus...6 4. Business Environment, Risks and
More informationValue for Money self-assessment
Value for Money self-assessment 2016-17 1 Contents 1. Introduction 2. Our approach to VfM 3. The regulatory requirements 4. How we make the best use of our assets 5. How our operating costs compare to
More informationValue for Money. Self Assessment Summary 2016
Value for Money Self Assessment Summary 2016 Executive Summary Wythenshawe Community Housing Group Limited () was established in April 2013 when Parkway Green Housing Trust (PGHT) and Willow Park Housing
More informationScottish Government Housing Conference, 18 November 2014 CIH Briefing. CIH Briefing: Realising a Better Housing System for Scotland.
: Realising a Better Housing System for Scotland 11 November 2014 1 1. Introduction The Chartered Institute of Housing (CIH) is the independent voice for housing and the home of professional standards.
More informationRailway Housing Association. Value for Money Strategy
Railway Housing Association Value for Money Strategy 2016-21 1 Executive Summary 1.1 Railway Housing Association (RHA) recognises that Value for Money (VFM) is a fundamental consideration for all housing
More informationValue for money Self assessment statement 2014/15
Value for money Self assessment statement 2014/15 for you for your community not for profit Value for money (VFM) self-assessment 2014/15 Index 1. VFM and TRH Page 3 2. VFM performance targets 2014/15
More informationVALUE FOR MONEY (VFM) STATEMENT SUMMARY 2015/16
VALUE FOR MONEY (VFM) STATEMENT SUMMARY 2015/16 Approach Our approach to Value for Money (VFM) SUCCESS IN VFM Success in VFM and efficiency is the same as success in achieving our strategic objectives.
More informationTRISTAR HOMES LIMITED. Annual Report and Financial Statements. Year Ended 31 March 2015
Registered Company Number: 04373638 HCA Registration Number: L4622 TRISTAR HOMES LIMITED Annual Report and Financial Statements Year Ended 31 March 2015 Contents Page Board Members, Executive Directors,
More informationWhy VFM needs great Asset Management. Karen Heaney: Director of Asset Management Home Group
Why VFM needs great Asset Management Karen Heaney: Director of Asset Management Home Group Who is Home Group? Our Footprint Our Asset Profile: General Needs Unknown
More informationHousing Solutions Value for Money self-assessment
Notes Housing Solutions Value for Money self-assessment For the year ended 31 March 2017 1 Our year in summary Increased our turnover by 6% from 43 million to 46 million Increased EBITDA as a % of turnover
More informationGuidance from the HCA Understanding unit costs is an increasingly important part of the HCA s assessment of VfM.
Key points: Value for Money (VfM) reporting is still of variable quality. VfM benchmarking is now common practice. More RPs now provide a return on assets and plans of how to deal with underperforming
More informationWeaver Vale Housing Trust. Value for Money Self - Assessment 2017
Weaver Vale Housing Trust Value for Money Self - Assessment 2017 Executive Summary This Executive Summary gives an overview of the information presented in this report. It highlights the good performance
More informationClarion Housing Group Value for Money Statement 2017
Clarion Housing Group Value for Money Statement 2017 Value for Money Highlights Value for Money Highlights Clarion Housing Group is a business for social purpose. First and foremost we are a social landlord
More informationHousing in the West Midlands Chapter 1: Housing and the economy
Housing in the West Midlands Chapter 1: Housing and the economy July 2013 Introduction The UK is facing challenging economic times. The weak state of the economy and the government s austerity measures
More information2015 VALUE FOR MONEY STATEMENT
2015 VALUE FOR MONEY STATEMENT Published June 2016 This statement is published to ensure LYHA remains compliant with the Homes & Communities Agency {HCA} Value for Money {VFM] standard section 2.2. Extract
More informationValue for Money Statement Year to 30 th September 2017
Value for Money Statement Year to 30 th September 2017 Introduction The Hyelm Group is committed to finding ways to provide excellent services whilst at the same time seeking to reduce costs and improve
More informationDCLG consultation Increasing the borrowing capacity of stock transfer housing associations
DCLG consultation Increasing the borrowing capacity of stock transfer housing associations CIH response May 2015 Emailed to: lsvt.valuation@communities.gsi.gov.uk 1 Introduction 1. The Chartered Institute
More informationEffectiveness Efficiency. Economy. Great homes and services Strong and vibrant communities. Value for Money Statement 2016/17
Economy Effectiveness Efficiency Value for Money Statement 2016/17 Great homes and services Strong and vibrant communities Value for money statement Purpose of this statement: to articulate and demonstrate
More informationValue For Money Statement
Value For Money Statement 2 Overall customer satisfaction results demonstrate a significant improvement from 74% in 2007 to 88% in 2017. Contents Chairman s Statement About Us Our Approach Internal Review
More informationVALUE FOR MONEY Self-Assessment 2017
VALUE FOR MONEY Self-Assessment 2017 Contents Page 1 Introduction 1 2 Our VfM strategy 2 3 Our Approach to Delivering VfM 3 4 Achievements in the Year under Review 5 5 Targets for the Future 10 6 How Do
More informationLimited product range? It s just not us.
Limited product range? It s just not us. This information is for use by FCA authorised intermediaries only and must not be distributed to potential borrowers. We believe in making life easier for our brokers,
More informationOCEAN HOUSING GROUP LIMITED (LIMITED BY GUARANTEE)
OCEAN HOUSING GROUP LIMITED (LIMITED BY GUARANTEE) CONSOLIDATED AND COMPANY ACCOUNTS FOR THE YEAR TO 31 MARCH Registered Number: 5000720 Homes and Communities Agency Number: L4422 Ocean Housing Limited
More informationTenancy Policy. The Tenancy Standard sets out the following required outcome for all Registered providers:
Appendix A 1. Introduction and Aims Tenancy Policy The Trust is required by The Homes and Communities Agency, under the Tenancy Standard,to publish a Tenancy policy which sets out clearly to our customers
More informationVALUE FOR MONEY. Self-assessment statement for financial year
VALUE FOR MONEY Self-assessment statement for 2016-17 financial year WELCOME TO OUR REPORT This statement sets out how we ensure Yorkshire Housing is delivering value for money (VfM) and why it remains
More informationOpportunities for Credit Unions and Social Landlords to work in Partnership. Robin Lawler CIH President & Chief Executive, Northwards Housing
Opportunities for Credit Unions and Social Landlords to work in Partnership Robin Lawler CIH President & Chief Executive, Northwards Housing WHAT WILL I COVER THIS MORNING? Role of Social Landlord in the
More informationVALUE FOR MONEY REPORT 2017
VALUE FOR MONEY REPORT 2017 1 CONTENTS EXECUTIVE SUMMARY 1 EXECUTIVE SUMMARY INTRODUCTION 3 Our Value for Money approach 3 Our operating environment 4 OVERALL PERFORMANCE 5 Operating surplus 5 Operating
More informationHELLO LONDON S LANDLORDS PROSPECTS FOR THE FUTURE
HELLO LONDON S LANDLORDS PROSPECTS FOR THE FUTURE With the recent relaxation of pension rules freeing up access to funds, we expect more investors to be utilising their pensions for buy-to-let. Indeed,
More informationSinn Féin: Leadership Across Ireland. General
Sinn Féin: Leadership Across Ireland General Leadership Across Ireland places significant emphasis on Sinn Féin s record of achievement in the Northern Ireland Executive and Assembly over the past four
More informationConnect Housing Association 2016/17 Value for Money Self-Assessment summary
Connect Housing Association 2016/17 Value for Money Self-Assessment summary Contents 1. Introduction 2. Return on assets 3. Cost and performance comparisons to others 4. Value for Money (VFM) achievements,
More informationHousing) Duncan Sharkey (Corporate Director Place) Michael Kelleher (Service Director Housing and Regeneration) Tel:
Wards Affected: All Wards ADDITIONAL ITEM CABINET 3 OCTOBER 2017 PROPOSED HOUSING AND REGENERATION RESTRUCTURE Responsible Cabinet Member: Report Sponsor: Author and contact: Councillor Long (Cabinet Member
More informationSubmission. Local decisions: a fairer future for social housing. Andy Tate / John Bryant. Neighbourhoods. Tel: or
Submission Local decisions: a fairer future for social Contact: Team: Andy Tate / John Bryant Neighbourhoods Tel: 020 7067 1081 or 020 7067 1082 Email: andy.tate@.org.uk john.bryant@.org.uk Date: January
More informationVALUE FOR MONEY SELF-ASSESSMENT STATEMENT FOR 2013/14
VALUE FOR MONEY SELF-ASSESSMENT STATEMENT FOR 2013/14 2 VALUE FOR MONEY 1.0 Why Value for Money (VFM) is important to 1.1 The Board has given priority to delivering value for money within the Association.
More informationValue for Money Self-Assessment Approved by bpha Board 18 July 2017
Self-Assessment 2016-17 Approved by bpha Board 18 July 2017 Content of Self-Assessment Report 1 Value for Money (VfM) Introduction and Regulatory Requirements... 1 1.1 Regulatory requirement... 1 1.2 Overall
More informationSOUTH CAMBRIDGESHIRE DISTRICT COUNCIL. TO: Leader and Cabinet 14 April 2005 Development Services Director LETTINGS POLICY REVIEW
SOUTH CAMBRIDGESHIRE DISTRICT COUNCIL TO: Leader and Cabinet 14 April 2005 AUTHOR: Development Services Director Purpose LETTINGS POLICY REVIEW 1. To consider a project framework including a Member level
More informationFINANCIAL INCLUSION STRATEGY
August 2016 BOURNEMOUTH CHURCHES HOUSING ASSOCIATION FINANCIAL INCLUSION STRATEGY 2016-2018 This strategic plan has been developed by Assistant Director of Housing and Customer Experience Bournemouth Churches
More informationA Chartered Institute of Housing publication
A Chartered Institute of Housing publication Financial Inclusion what is financial inclusion? Financial Inclusion is having the ability to access appropriate financial products and services. If a person
More informationRobert Read, Director of Housing & Neighbourhoods
Subject: HOUSING REVENUE ACCOUNT: BUDGET ESTIMATES (2016-2017 to 2020-2021) Report to: Full Council Date: 24 th February 2016 Report by: Robert Read, Director of Housing & Neighbourhoods Housing Revenue
More informationA REGISTERED SOCIETY UNDER THE CO-OPERATIVE AND COMMUNITY BENEFIT SOCIETIES ACT 2014 NO 31208R
A REGISTERED SOCIETY UNDER THE CO-OPERATIVE AND COMMUNITY BENEFIT SOCIETIES ACT 2014 NO 31208R ISOS HOUSING LIMITED REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2017 CONTENTS Section Page
More informationBUSINESS PLAN 2018/ /23
Warwickshire Rural Housing Association BUSINESS PLAN 2018/19 2022/23 Tel: 0300 1234 009 Website: www.warwickshirerha.org.uk Twitter: Follow @WarksRural WARWICKSHIRE RURAL HOUSING ASSOCIATION BUSINESS PLAN
More informationWhat does the future of public service delivery look like?
What does the future of public service delivery look like? www.interserve.com Public services and the future of outsourcing. The report highlights not only the fiscal constraints public services find
More informationReactive maintenance repairs policy. August 2013 August If you require this policy in a different format please ask a member of staff
1 M 4 Reactive maintenance repairs policy Date of approval Review date August 2013 August 2016 If you require this policy in a different format please ask a member of staff Foreword 2 Elderpark Housing
More information2016 Scottish Parliament Election Manifestos: Comparative analysis of housing and related policies
2016 Scottish Parliament Election Manifestos: Comparative analysis of housing and related policies Supply 10% year-on-year increase in new house completions across all sectors to return to around 25,000
More informationSpending Round submission from the Chartered Institute of Housing
Spending Round submission from the Chartered Institute of Housing May 2013 About CIH The Chartered Institute of Housing (CIH) is the independent voice for housing and the home of professional standards.
More informationSince 2012, the HRA has been self- financing, although there are restrictions on borrowing and income.
Appendix A - HRA Business Plan autumn 2017 1. Introduction The Council s Housing Revenue Account (HRA) is funded through rents and service charges received from council tenants and leaseholders, and meets
More informationPlanning, development and financing new build
Planning, development and financing new build Sustained investment in housing of all types 24 th October 2013 Simon Smith Introduction Overview of the traditional New Build Local Authorities Landscape
More informationLAURA JOHNSON- DIRECTOR OF HOUSING, ROYAL BOROUGH OF KENSINGTON AND CHELSEA LOCAL AUTHORITY NEW BUILD A NEW BEGINNING
LAURA JOHNSON- DIRECTOR OF HOUSING, ROYAL BOROUGH OF KENSINGTON AND CHELSEA LOCAL AUTHORITY NEW BUILD A NEW BEGINNING PRESENTATION FOR WEST LONDON HOUSING CONFERENCE 22ND JANUARY 2014 The Mayor has a vision,
More informationStrategic report. Value for Money. 17 Peabody Annual Report and Financial Statements Financial review
Strategic report Value for Money 17 Peabody Annual Report and Financial Statements 2017 Our Group Value for Money (VfM) self-assessment This self-assessment covers the performance of the Peabody Group
More informationCIH Repairs & Maintenance Conference & Exhibition Pricing Models Analysing your costs and achieving value for money
CIH Repairs & Maintenance Conference & Exhibition Pricing Models Analysing your costs and achieving value for money Ark Housing Consultancy LLP John Fisher, Partner David Brown, Senior Consultant 15 th
More informationEMH Housing and Regeneration Limited. Report and Financial Statements For the year ended 31 March 2015
EMH Housing and Regeneration Limited Report and Financial Statements For the year ended 31 March 2015 Contents Association Information 2 Operating and Financial Review 3 18 Statement of Board s responsibilities
More informationPractice. Housing. Working in partnership with credit unions. In this issue. October 2011 Issue 17. your work is our business
Practice October 2011 Issue 17 Housing Working in partnership with credit unions In this issue What are credit unions? See page 2 Why work in partnership with a credit union? See page 3 How housing providers
More informationUniversal Credit claimant guide
Universal Credit claimant guide What is the Universal Credit service? Universal Credit claimant housing guide Universal Credit claimant housing guide If you pay rent to a local authority, council or housing
More informationINFORMATION ABOUT YOUR MORTGAGE: A GUIDE TO MORTGAGES ON PROPERTIES TO BE LET
INFORMATION ABOUT YOUR MORTGAGE: A GUIDE TO MORTGAGES ON PROPERTIES TO BE LET INTRODUCTION This guide gives details of our mortgages and is split into two parts: The first part is useful for customers
More informationLocal Lettings Policy
Local Lettings Policy Originator: Executive Management Team Approval Date: Policy and Strategy Team May 2018 Review date: May 2019 1 Introduction 1.1 1.2 1.3 1.4 1.5 As a responsible landlord One Vision
More informationSHEFFIELD CITY COUNCIL. Cabinet Report. Executive Director, Communities Executive Director, Place Executive Director, Resources
SHEFFIELD CITY COUNCIL Cabinet Report Agenda Item 16 Report of: Executive Director, Communities Executive Director, Place Executive Director, Resources Report to: Cabinet Date: 15 th January 2014 Subject:
More informationWelfare reform: a progress report
Welfare reform: a progress report Julia Sweeney, DWP South West welfare reform conference 5 th October 2012 1 Reform begins in earnest in 2013 DLA replaced by Personal Independence Payments benefit cap
More informationWelfare reform and business strategies
Learn with us. Improve with us. Influence with us www.cih.org Welfare reform and business strategies Sam Lister, Policy & Practice Officer, CIH Reality check Your costs will go up Your arrears will go
More informationHousing & Neighbourhoods Committee are requested to consider and approve the Council s Housing Adaptations Policy 2018.
Subject: Community Housing Adaptations Policy 2018 Report to: Management Team 29 th May 2018 Housing & Neighbourhoods Committee 14 th June 2018 Report by: Senior Projects Officer SUBJECT MATTER/RECOMMENDATIONS
More informationBARNSLEY METROPOLITAN BOROUGH COUNCIL
BARNSLEY METROPOLITAN BOROUGH COUNCIL This matter is a Key Decision within the Council s definition and has been included in the relevant Forward Plan Joint Report of the Executive Director-Core Services
More informationThe Economic Impact of Housing Organisations on the North: Wakefield and District Housing
The Economic Impact of Housing Organisations on the North: Wakefield and District Housing Centre for Regional Economic and Social Research Sheffield Hallam University Chris Dayson Paul Lawless Ian Wilson
More informationNot in my kitchen: the economics of HS2
Agenda Advancing economics in business The economics of HS2 Not in my kitchen: the economics of HS2 HS2, a high-speed rail link between London and Birmingham, has been given approval by the UK Secretary
More informationand welfare reform Christina Beatty and Ian Cole Centre for Regional Economic and Social Research Sheffield Hallam University
The spatial Impacts aspects of Welfare of housing Reform and welfare reform Christina Beatty and Ian Cole Centre for Regional Economic and Social Research Sheffield Hallam University The future test for
More informationThe ARLA Review & Index. for Residential Investment
The ARLA Review & Index for Residential Investment Third Quarter 2012 Third Quarter 2012 Compared with three months ago, the average weighted rental return for houses is up from 5.1% to 5.2%. The average
More informationSTRATEGIC PLANNING PROCESS (2017) 1.1 The Association s strategic planning framework consists of the preparation of the following documents;
1.0 INTRODUCTION STRATEGIC PLANNING PROCESS (2017) 1.1 The Association s strategic planning framework consists of the preparation of the following documents; Corporate Management Plan Departmental Service
More information(e) the accommodation is specified accommodation as defined in the Housing Benefit and Universal Credit (Supported Accommodation) (Amendment)
Welfare Reform and Work Bill Amendment- To remove supported housing which meets the definition of Specified Accommodation from the mandatory 1% annual reductions in rents charged by registered providers
More informationLow Energy-Rated Property Policy
Low Energy-Rated Property Policy 01 April 2018 Title Users of Policy Low Energy-Rated Property Policy Colchester Borough Council and Colchester Borough Homes tenants and staff. Date Adopted Aril 2018 Date
More informationHARTFIELDS ALLOCATION POLICY SHARED OWNERSHIP
HARTFIELDS ALLOCATION POLICY SHARED OWNERSHIP 1.0 PURPOSE 1.1 The purpose of this policy is to ensure that those individuals who require support from the Local Authority to reside in Hartfields on a shared
More informationValue for Money Self Assessment
Value for Money Self Assessment 2015-2016 www.gch.co.uk 01452 424344 VALUE FOR MONEY SELF ASSESSMENT 2015-2016 Contents Page Number 1. Introduction and Approach 2-5 2. Progress against our Corporate Plan
More informationCo-operative and Community Benefit Societies Registration No 31419R. Annual Report and Financial Statements
Co-operative and Community Benefit Societies Registration No 31419R Annual Report and Financial Statements Contents of the Annual Report Members of the Board of Management, Executive Officers and Advisers
More informationWARM HOMES, BETTER LIVES How the housing sector can work with government to improve the energy performance of the nation s homes
WARM HOMES, BETTER LIVES How the housing sector can work with government to improve the energy performance of the nation s homes Orbit Roundtable Hosted by Geoffrey Robinson MP February 2016, House of
More informationWhitepaper: UK Private Rented Residential Sector An income generative infrastructure investment?
Whitepaper: An income generative infrastructure investment? This document is for institutional clients only. Please do not redistribute this document. For the Local Government Pension Scheme (LGPS), the
More informationRotherham CCG Interim Strategic Estates Plan September 2015
Rotherham CCG Interim Strategic Estates Plan September 2015 Notes to Strategic Estates Plan This document has been produced by NHS PS in conjunction with the NHS Rotherham CCG, NHS England and other NHS
More informationAffordable Home Ownership Conference and Exhibition
Affordable Home Ownership Conference and Exhibition Closing Plenary: Dynamics and demographics of our broken housing market Speakers: Richard Donnell Research Director Hometrack Ben Page Chief Executive
More informationJOB DESCRIPTION. Head of Partnering and Financial Management. Leeds (with regular travel to London and regional offices)
JOB DESCRIPTION Job Title: Head of Partnering and Financial Management Department: Finance Location: Leeds (with regular travel to London and regional offices) Reports To: Assistant Director of Finance
More informationThe Economic Impact of Housing Organisations on the North
The Economic Impact of Housing Organisations on the North Draft Case Study Report Stockport Homes Ltd Author(s): Chris Dayson Paul Lawless Ian Wilson January 2013 Contents 1. Introduction: Background and
More informationTHE RENTAL EXCHANGE INTRODUCTION. Helping social tenants build a positive credit history to gain equal access to financial services
By Social Entrepreneurs For Social Entrepreneurs THE RENTAL EXCHANGE Helping social tenants build a positive credit history to gain equal access to financial services INTRODUCTION THE BIG ISSUE GROUP The
More informationContents. Introduction. Mission, vision and values. Strategic objectives. Key Performance Indicators. Financial strategy. Five year financial forecast
Business Plan Look Ahead Business Plan 2017 Contents Introduction 3 Mission, vision and values 4 Strategic objectives 5 Key Performance Indicators 6 Financial strategy 7 Five year financial forecast 8
More informationAssets, Regeneration and Growth Committee 1 st June 2015
Assets, Regeneration and Growth Committee 1 st June 2015 Title Community Asset Strategy Report of Chief Operating Officer Wards All Status Public Enclosures Appendix 1: Draft Community Asset Strategy Officer
More informationValue for Money Self-Assessment 2017/18
Value for Money Self-Assessment 2017/18 Leeds Federated - Value for Money Self-Assessment 2017/18 This is Leeds Federated s Value for Money Self-Assessment for 2017/18. A version can also be found on our
More informationDriving the recovery through housing: an Autumn Statement submission from the Chartered Institute of Housing
Driving the recovery through housing: an Autumn Statement submission from the Chartered Institute of Housing 27 November 2012 Page 1 of 8 CIH Contact: Gavin Smart Director of policy and practice CIH Coventry
More informationFEBRUARY Silver Spenders
FEBRUARY 2018 Silver Spenders Executive summary For much of the UK population, the family home is their Equity release already adds up to 7.1 billion to gross UK output when including both the direct and
More informationGeneral Election What does it mean for housing in Wales? Specialist Briefing
General Election 2015 What does it mean for housing in Wales? Specialist Briefing Introduction The 2015 UK General Election results gave the Conservative party a majority of 12 seats in the UK parliament.
More informationRIGHT UP YOUR STREET.
BUY TO LET LANDLORDS GUIDE RIGHT UP YOUR STREET. More and more people are renting. As a landlord you ve got enough to think about, without worrying if you ve made the right financial choices. Our advisers
More informationStrategic report (continued)
Strategic report (continued) Value for Money (VFM) The Association annually reviews its. The Board comprehensively updated these during 2017/18 as part of the development of a new over-arching strategy
More informationCOMBINED SUBMISSION OF SPECIALISED SUPPORTED HOUSING PROVIDERS TO THE CONSULTATION PAPER ON FINANCING SUPPORTED HOUSING
COMBINED SUBMISSION OF SPECIALISED SUPPORTED HOUSING PROVIDERS TO THE CONSULTATION PAPER ON FINANCING SUPPORTED HOUSING Introduction We are the leading specialist housing providers in relation to Specialised
More informationHUME Community Housing Association Company Ltd.
1.0 Purpose To maintain the asset at an optimum value, and level of amenity for the expected life of the asset in a safe and functioning manner 2.0 Scope This policy and procedure covers all planned maintenance
More informationDavid Cox, Chief Executive of ARLA Propertymark joined the Board in September 2017.
The Dispute Service launched in 2003 as a voluntary tenancy deposit scheme working with letting agents. TDS now operates statutory deposit schemes across the United Kingdom. TDS is owned by the key industry
More informationGetting Ready to Deliver Universal Credit Jeremy Groombridge CB Director, Universal Credit Programme, DWP
Getting Ready to Deliver Universal Credit Jeremy Groombridge CB Director, Universal Credit Programme, DWP February 2013 Why reform the welfare system? Two fundamental problems with the current welfare
More informationFinancial Inclusion Commission: Call for Evidence
Financial Inclusion Commission: Call for Evidence Toynbee Hall is delighted to be invited to submit a response to the Financial Inclusion Commission s call for evidence on how to make the UK more financially
More informationFinancial viability of the social housing sector: introducing the Affordable Homes Programme
Department for Communities and Local Government Financial viability of the social housing sector: introducing the Affordable Homes Programme Detailed methodology JULY 2012 2 Financial viability of the
More informationBabergh District Council. Housing Revenue Account 30 year Business Plan (5 year medium term )
Babergh District Council Housing Revenue Account 30 year Business Plan 2017-2047 (5 year medium term 2017 2022) 5 CONTENTS 1. INTRODUCTION 1.1 Babergh and Mid Suffolk Working Together 1.2 The Joint Strategic
More informationSocial Housing Financial State of the Sector FY16/17
Social Housing Financial State of the Sector FY16/17 Presenting the definitive headline financial results from the Vantage Global Accounts Plus analysis. October 2017 yourvantage.co.uk Contents Introduction
More informationUpdate from Ofgem E-Serve
Update from Ofgem E-Serve ALEO SE Autumn Meeting 12 October Mark Jenner Communications and stakeholder manager, EESP Some background. Ofgem is the independent energy regulator for Great Britain. Its priority
More informationWelfare reform: the big picture
Learn with us. Improve with us. Influence with us www.cih.org Welfare reform: the big picture Sam Lister, Policy & Practice Officer, CIH Content What s driving reform Future trends and themes The measures
More informationRENT COLLECTION, ARREARS & DEBT RECOVERY POLICY
RENT COLLECTION, ARREARS & DEBT RECOVERY POLICY Approved by Board Approved Date 21/07/2009 Version no. Review Date Q2 2013/14 S:\Governance\Current Policies\Policy - Rent Collection, Arrears & Debt Recovery
More informationWELFARE REFORM COMMITTEE THE FUTURE DELIVERY OF SOCIAL SECURITY IN SCOTLAND WRITTEN SUBMISSION FROM NORTH LANARKSHIRE COUNCIL
WELFARE REFORM COMMITTEE THE FUTURE DELIVERY OF SOCIAL SECURITY IN SCOTLAND WRITTEN SUBMISSION FROM NORTH LANARKSHIRE COUNCIL Key Messages No claimant should be left financially worse off when receiving
More informationLifestyle Financial Planning
Lifestyle Financial Planning FINANCIAL PLANNING Our Lifestyle Financial Planning Service The Mathews Comfort Lifestyle Planning Service is available to clients seeking clarity and peace of mind about their
More informationMid-Year Review
Mid-Year Review 2014-15 Update on Strategy and Financial Projections Wheatley group Contents 02 03 04 05 05 06 07 10 12 Investing in our future Strong performance Meeting customers needs Platform for growth
More informationUK EQUITY RELEASE Market Monitor
The equity release market is firmly established on a growth trend. Dean Mirfin, KRS Group Director UK EQUITY RELEASE Market Monitor HALF YEAR 2011 EMBARGOED UNTIL 13:00 HOURS 25TH JULY 2011 Key Retirement
More informationOur Commitment to Value for Money (VfM) 2017 Self-Assessment. Benchmarking Report
Our Commitment to Value for Money (VfM) 2017 Self-Assessment Benchmarking Report 1. Who do we compare ourselves with? 2. Summary overview 3. External benchmarking 3.1 Overall performance 3.2 What do our
More informationThe Prevention of Social Housing Fraud Act Paul Downie Deputy Director Affordable Housing Management & Standards
The Prevention of Social Housing Fraud Act 2013 Paul Downie Deputy Director Affordable Housing Management & Standards Social Housing Fraud abuse of social housing not only deprives of a settled home those
More information