Value for Money Metrics & Reporting – annex to the Global Accounts 2024

Summary

The UK social housing sector faces a challenge of managing rising costs and competing demands for investment in existing stock (for safety, energy efficiency, and decency) versus new home development. The approach involves a regulatory framework where providers report annually on Value for Money (VFM) metrics, comparing performance against peers and outlining improvement plans. The monitoring process is in progress, with recent outcomes showing weakened financial performance for the sector overall, despite a rise in operating margins and an increase in new social homes delivered to 49,287.

Key Facts

Source Document

https://example-government.gov/policy-document-link