Local Authority Housing Finance
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 in preparing itself for the brave new world of self financing.
How we can help you:
Our team are ready to help you deliver the three cornerstones of the new regime – business planning, stock condition assessments and asset management strategies. Each one of these areas is led by an expert in that area of work, with the team led by a skilled project manager that will lead you through the process.
In a climate of public sector spending reductions, self financing can help by giving a Local Authority more flexibility to link the management of its revenue accounts with its longer term investment planning, which can produce new opportunities for funding. Savills is in a unique position to offer the combination of skills necessary for an authority to develop its housing business to the benefit of all residents.
To be able to deliver good housing services, while managing and maintaining the properties into the future to the standards that your tenants aspire to, will be a difficult challenge.
Savills can provide the expertise and advice that will help you to find your way through this challenge, with experts in the following disciplines:
Whatever the shape of future reform, there is a lot that Local Authorities can do now to prepare. Our team based approach will provide you with all the necessary project management skills to ensure that your authority is in the best position to take advantage of future change. The interaction between the different areas of expertise will be actively managed to ensure that there is a consistency between the different areas of work.
Our team of surveyors, financial advisers and asset management specialists provide a combined strength that cannot be matched elsewhere.
Housing & Public Sector