Our expertise in the social housing sector range from supply chain management and contract compliance, through to governance and handback strategy. We’ll provide the operational and financial management of your assets and provide expert consultancy that ensures tenancies continue uninterrupted.
Delivering lifecycle works with minimal disruption
At Vercity, we have an in-depth understanding of the challenges facing investors in the social housing sector. The need to deliver lifecycle works at short notice and ensure residences meet all compliance standards requires proactive facilities management.
We offer impartial support that can improve the standard of your FM performance, ensuring you meet your contract obligations and achieve cost consistency. In operating our portfolio of projects for over two decades, we’ve developed intuitive knowledge of the sector and the services delivered within it. We recognise the strengths and weaknesses in FM providers and understand their service costs and performance issues.
Through continuous, active management, we can help ensure that your expenditure is optimised and your risk exposure is reduced. We can address the relevant technical and financial aspects of a project, ensuring your asset replacement programmes are properly coordinated, controlled and supported.
Collaboration that achieves positive outcomes
We recognise the importance of collaboration and partnership working to achieve positive outcomes for service users, shareholders and investors. At Vercity, we can work closely with third parties to ensure processes and workflows are optimised. We can take responsibility for rent collection and liaise with local authorities to minimise empty homes.
In the social housing sector, lifecycle works often need to be completed quickly to maximise revenue. Through effective collaboration, we can help deliver repairs and replacement works at short notice and on a large scale, with minimal impact to your daily operations.
In developing strategic partnerships, we can help you create sustainable communities, maintain public sector relationships and service user satisfaction.
“In the social housing sector, lifecycle works often need to be completed quickly to maximise revenue. Through effective collaboration, we can help deliver repairs and replacement works at short notice and on a large scale, with minimal impact to your daily operations.”
Preparing your assets for handback
With many Private Finance Initiative (PFI) projects nearing expiry, your assets will need to be handed back to the public sector in good condition to support the provision of services thereafter.
Our project managers can help you plan and hand back your assets in the most effective way possible. Through open dialogue and collaboration with the public sector, we’ll ensure you meet your contractual obligations, whilst planning for the post-concession future of the asset.
From the beginning of the transition (and throughout), we can scope what action is required and identify and address any issues as efficiently as possible. We can also handle the legal workstream, ensuring you fully understand the contractual requirements. In managing the delivery, monitoring and sign-off of the asset, we’ll ensure all the necessary documentation is finalised and prepared for transfer.
Robust environmental social governance
We understand the challenges the social housing sector faces in initiating ESG ideas and establishing the systems required to provide evidence of their activities. In developing measurable and effective ESG strategies and policies, we can help you make progress toward implementing the principles of responsible investment.
By monitoring the environmental impact of your initiatives, we can identify opportunities to improve the energy efficiency of your properties, reduce your carbon footprint and make progress towards carbon reduction targets.
We’ve developed a suite of governance processes, including a risk committee and registers to ensure your investments are managed effectively and are kept safe. Our business management systems can shape your policies and procedures and provide a framework for ensuring compliance with the law, regulations and contractual provisions.