Housing strategies

Our Housing Asset Management Strategy provides a framework for how we manage, maintain and invest in housing assets.

The strategy:

• ensures we offer quality and affordable homes for current and future residents
• shows how our housing portfolio will meet our priorities
• provides strategic direction for our day-to-day management of housing stock and our future housing asset investment decisions

We manage approximately 10,000 council homes, including approximately 900 leasehold properties. We have made a significant investment in our housing stock through the Transforming Homes programme, and we are committed to manage, maintain and invest in these homes efficiently.

This strategy aligns with the Housing Strategy 2022-2027 and national policies. It sets guiding principles for us to maintain and enhance our housing stock in both the short-term and the future. We will keep residents engaged throughout these processes to foster a sense of joint ownership.

A reactive maintenance policy supports this strategy, alongside a fit-to-let standard, health and safety procedures, a fire safety policy, and our investment and development programmes.

For some assets we recognise that further investment may not represent the best value or meet the community's future needs. A building in this category would go through an asset review process that considers resident views

Legislation on building safety, decent homes standards and the net zero carbon agenda, together with an ageing stock, puts significant financial pressures on the Housing Revenue Account. We will need to explore external funding and continue to lobby central government for additional financial support.