How we spend your rent

Value for money and spending our money wisely is a key driver of the services we provide to our customers, and it is embedded in everything we do. We recognise that it is not just simply about the cost, it’s about identifying the right balance in how our resources are best utilised.

The Regulator of Social Housing grades us as ‘G1’ for governance. We have been graded the highest rating possible because we are well governed, well ran and financially viable.

How we spend your rent 2023 to 2023

Investment plan 

• £43.3m 

Planned maintenance

• £7.2m

Interest payments 

• £22.8m

Service Charge costs

• £3.6m

Repairs and Maintenance 

• £36.3m

Management and running costs 

• £24.3m