Value for money

Value for Money (VfM) is a high priority for us, and through the collaboration and innovation of our people, from colleagues to customers. Together with The Sovini Group, we have developed a robust Value for Money strategy to achieve excellence in the services we offer across the following objectives:

  • We aim to make a positive impact in our communities and wider society.

  • We will aim to provide safe and sustainable homes that people want to live in.

  • Use customer voice to help shape, deliver and improve our services.

  • We will aim to meet Regulatory and Legislative requirements whilst managing and mitigating risks.

  • We will aim to deliver value for money and excellent services to benefit the organisation and customers.

  • We will aim to develop excellent people that feel proud to work for us.

  • We will aim to provide value for money to satisfy customers and stakeholders expectations.

We undertake an annual assessment to compare our costs and performance, both regionally and nationally, and to ensure VfM is embedded into our culture.

Our achievements

In 2023/24, we...

In 2023/24, we...

Acquired 23 homes on Tunstall Street in a £3.2 million deal with Liverpool City Council. With 20 homes being offered to local people through the housing association’s Rent to Buy scheme, customers will be able to save towards a deposit and buy the home through Shared Ownership or in some circumstances, an outright purchase.

In 2023/24, we...

In 2023/24, we...

Created 166 new jobs across The Sovini Group and offered two traditional apprenticeships at Pine Court Housing, providing employment opportunities for local residents. 15,522 e-learning courses were also completed by 751 colleagues, helping to improve the customer experience.

In 2023/24, we...

In 2023/24, we...

Donated £10,000 to support local projects through our Community Development Fund. We also actively participated in community events like Liverpool Chinese New Year and cultural festivals, fostering community spirit and cultural appreciation.

How we report on value for money

Every year we produce a self-assessment and statutory accounts that detail our approach to value for money, achievements and future plans.

Self Assessment

Read the report in full.

 

Statutory Accounts

Read the report in full.

 

This page was last updated on 06/12/2024