Published: 26th Aug 2015

The announcement in the last Budget of a 1% decrease in rents – instead of the consumer price index (CPI) +1% on which housing business plans had been based – has presented a real challenge to councils and housing associations alike. The cumulative impact is to make development schemes undeliverable and challenge whether plans of improvements to homes are affordable. Achieving better value for money is a mantra for us all, but what does and should this mean? Perhaps there is a need to think again about what asset management is for, what the objectives are and how these can be delivered? Possibly even when asset management needs to start. Designing out maintenance issues and costs is a challenge without abandoning innovation in design or specification. As part of any decision making process about new investment projects, consideration of the cost in use of materials and their ease of replacement … (To read the full article, subscribe below)