Magazine article Public Finance

RSL Big Spenders Fail to Boost Efficiency

Magazine article Public Finance

RSL Big Spenders Fail to Boost Efficiency

Article excerpt

Housing associations with high running costs have failed to respond to a government efficiency drive any more effectively than those with lower costs, a new study by consultants Housing Quality Network has revealed.

The study found that registered social landlords report similar savings in their annual efficiency statements, regardless of the scope they have to cut hills.

The predicted level of gains by RSLs when major repairs are included is between £144 and £149 per home. With major repairs excluded, gains of between £142 and £164 per home were forecast. The average gain was £151.

Steve Partridge, a director at HQN, said that there did not appear to be a link between efficiency gains and the position of RSLs in the Housing Corporation's operating cost tables. 'High-cost associations are not in general catching up on low-cost ones in terms of efficiency,' he said. …

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