Local Authority Stock Options Appraisal
Savills work with local authorities to evaluate their investment options within local context and circumstances.
How we can help you:
Savills has an impressive record of working with local authorities on options appraisals for their housing stock and on the successful delivery of the preferred option.
From any options appraisal process, the local authority is required to produce a future strategy which provides a solution for all stakeholders within the area.
We approach each options appraisal without any preconceived ideas. Each authority faces a different combination of political, financial, geographical and stock-related issues, all of which need to be tackled and which we take into account.
Working with local stakeholders we fully examine the different options that are available to the Council against the criteria identified and agreed by local stakeholders. Each option would be subject to the same degree of scrutiny and evaluation, to provide a transparent appraisal that will enable the Council to make an informed decision on the future of the housing service including the new financial regime.
We are skilled project managers and guide the Council team through the complex options appraisal process.
The reform of national housing finance introduces huge opportunities for Local Authorities to get the best out of their housing. It also brings risks that need careful management. Savills can provide all the expertise needed to assist a local authority to carry out a robust options appraisal in order to prepare for the brave new world of self financing.
We work as part of the internal team and see it as our responsibility to ensure that the options appraisal is successful. We will commit all necessary resources and efforts to ensure success.
We are skilled in communication with tenants. We will work with them to quickly establish a relationship of trust through our open and direct style. We have worked successfully with tenants in a variety of situations, helping them to gain a clear understanding of the options appraisal process.
Housing & Public Sector