Asset Management and Investment

 

The Association’s Asset Management & Investment Department is responsible for the following functions:-

 

  • The delivery of planned and cyclical maintenance programmes of work to ensure our properties/asset remain in the best possible condition. 
  • Planning, investment, design & delivery of new build homes.

 

ASSET MANAGEMENT

 

At the end of March 2014 Cunninghame Housing Association owned 2301 domestic properties, 3 of which have multi tenancies. We also own properties that are leased by other agencies or that we operate as a homeless support unit.

 

To maintain our stock in a good state of repair, we operate a comprehensive planned investment programme where building components such as central heating, kitchens, bathrooms and windows are replaced at the end of their life cycle. Over the next four years we have secured high levels of investment to carry out improvements to tenants homes and we will be spending just over £6million on planned repairs.

 

 

WORK TYPE

2014/15

2015/16

2016/17

2017/18

 Kitchens
396,000 300,000 690,000 396000
Bathrooms
60,000 90,000 108,000 230,400
Heating
484,000 800,000 497,000 588,600
Windows
220,000 0 0 80,000
Doors
20,000 10,000 10,000 10,000
Door Entry
30,000 20,000 20,000 20,000
Electrical
10,000 10,000 15,000 15,000
Smoke/CO
10,000 10,000 10,000 10,000
Fencing
50,000 50,000 50,000 50,000
Structural
100,000 260,000 150,000 150,000

Total

1,380,000

1,550,000

1,550,000

1,550,000

 

Cunninghame HA uses stock condition data gathered through a process of survey to determine when components in individual homes will be replaced. In 2013 we commenced a 5 year cyclical programme for assessing stock condition. This means that once every 5 years we will survey your home to determine if and when components require replacement. Using this method, all components will be assessed and given a remaining life. This approach then informs our longer term 30 year business plan.

 

We will ensure that tenants are kept up to date about when the components in their homes are due for replacement by issuing newsletters/publications advising on our planned programme of works. In the meantime, if tenants wish to find out when the components in their homes have been programmed for replacement they can do so by phoning Liam Watters on 01294 606021

 

The Association has in place an Asset Management Strategy which outlines our vision for the condition of our housing stock and details our plans for future investment in property maintenance. As part of our comprehensive property service review we will be amalgamating all our maintenance staff into one department. Currently our responsive repairs staff and staff working on our planned and cyclical work are in two separate departments. It is proposed that these changes will result in a more cohesive, responsive maintenance service for tenants

 

ENERGY PERFORMANCE OF BUILDINGS

 

In the next few years our biggest challenge will be to ensure that all our domestic stock achieves the new energy performance rating, set by the Scottish Government, by the target of 2020. To ensure that all of our stock achieves this new standard we will be investing heavily in improving the energy efficiency of homes. The investment will include accelerating the replacement of older more inefficient heating systems and targeting insulation improvements to properties to prevent heat loss through walls and roofs.

 

The new standard for energy efficiency to be achieved by the end of March 2020 is as follows:

 

 EE Rating (SAP 2009

Dwelling Type
Gas
Electric
Flats 69 65
Four-in-a-block 65 65
Houses non-detached
69 65
Detached 60 60

 

To aid us in carrying out home energy assessments we are currently training staff to be able to survey properties and issue the required Energy Performance Certificates (EPC). By 2018 all of our housing stock will have an accurate EPC, which will be utilised to determine if and what form of energy improvements, homes will require.

 

There is much going on within the maintenance department over the next few years but we are implementing systems that will ensure that all of the main components within a house are on a fixed replacement programme which in the longer term will lead to a more cohesive system of replacements going forward.

 

Details of planned maintenance programmes can be found here: Planned Maintenance

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