Don’t Leave Value For Money to the Beancounters

In Social Housing the essential concept of ‘Value For Money’ has been distorted and rendered no more than a bean counting exercise. How could we possibly expect anything different when responsibility for monitoring and regulation on value for money was left to the bean counters.

The Homes and Communities Agency has warned that Housing Associations must improve their performance on value for money evidence or the regulator will step in. The HCA regulators want to see:

Social landlords providing a common framework with value for money metrics against which to measure their performance.
Transparency in value for money statements.
Boards […]

By |November 24th, 2016|Housing, Posts|0 Comments|

The Importance of Value for Money

The ability of a social landlord to deliver Value for Money is arguably the single most important factor in measuring its success and yet the social housing sector still has not been able to give the issue the attention it deserves.

The debate recently has centred round the HCAs action in downgrading a small group of landlords for failing to publish a transparent, robust and timely value for money self-assessment as required under the regulator’s rules. The HCA also warned a further larger group of landlords that they hadn’t met all of the requirements and must do better next time.

It […]

Regulation fees for turkeys

It seems that turkeys will vote for Christmas if they think they’ll get lots of grain to eat.

That’s the conclusion I’ve reached following the piece in last week’s Inside Housing by Stuart Macdonald. He reports that in a survey, larger housing associations supported the introduction of charging for regulation, seeing a “clear benefit to their business of a regulator with the resources to effectively regulate their organisation”.

In principle, this is a reasonable stance to take as it would enable the regulator to winkle out the problems in the sector and shore up the funders’ confidence in being able to […]

Coregulation – does size matter?

So tenants have at last been given the power to wield the big stick when their landlord is not performing or delivering the services that tenants want. Or have they?

The Localism Act 2011 built on the principle of co-regulation espoused by the late, lamented Tenant Services Authority and set out the obligations on a social landlord to enable tenants to effectively scrutinise their performance. So that’s it then, isn’t it?

Well, possibly. The last two years has seen a burgeoning of Resident Scrutiny Panels, Mystery Shoppers and Tenant Service Inspectors all trained  to the back teeth and tooled up to […]