UK RSL ChallengesThese days the demands placed on social landlords means that more than ever, flexible use of people and systems is even more important. Together with the list of Key Housing Terms below
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Housing Term |
Meaning |
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ABC |
Acceptable
Behaviour Contract |
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AD |
Arrears Direct |
|
Affordability Gap |
The difference
between average incomes and average housing costs. It can be related
specifically to |
|
Affordable
Housing |
Affordable
housing is that provided, with subsidy, for people who are unable to resolve
their housing need |
|
ALMO |
Arms length
management organisation. One step from a council housing dept to a HA. A
public body. |
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Annual Lettings |
The Annual
lettings plan shows the expected supply of social rented properties to let in
the year - both |
|
Antisocial Behaviour
Order (Asbo) |
An injunction
made by the councils or the police against any one over 10 |
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Approved Development
Programme (ADP) |
The amount of
public money available each year for housing |
|
Area Based Regeneration |
Initiatives for
reviving communities aimed at tackling all the problems in |
|
Architects instructions
(AI's) / Contracts Instructions |
instructions
issued by an architect, first verbally and then confirmed in writing to a
site agent as work progresses on site and, as inevitably happens, questions
arise over details and specifications |
|
Arrears Action Codes |
Arrears statuses
attached to tenants in arrears. |
|
ASB |
Anti Social
Behaviour |
|
ASPR |
Scottish Housing
Statistical Return completed every year. Annual & Statistical Performance
Return to communities |
|
Asbestos Register |
From May 2004 a
register of buildings with asbestos was a legislative requirement |
|
Asset Management Plans |
See Capital
Strategy |
|
Assured Tenancy |
The most common
form of tenancy offered by housing associations. It allows housing
associations to increase their rents to market levels if they get into
financial difficulties. Sometimes referred to a a Full Rent or in |
|
AST |
Assured Shorthold Tenancy |
|
Benchmarking |
The analysis of
selected activities and processes, and their comparison with similar analysis
for other |
|
Benchmarking Club |
A number of
local associations comparing practice and initiatives. |
|
Best Value |
Best Value is a
duty requiring council to review all the services that they provide for local
people, including |
|
Best Value Performance
Indicators (BVPI) |
Performance
indicators set by government that local authorities are required to submit as
part of a national |
|
Best Value Performance
Plan |
Local
Authorities are required to produce an annual performance plan, which not
only compares |
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BLIP |
Belongings Left
in Property |
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Brownfield Sites |
A brownfield development site is any land or premises which
has previously been used or developed and is not currently fully in use,
although it may be partially occupied or utilised. It may also be vacant,
derelict or |
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CAPITAL ASSISTANCE
SCHEME rent type |
|
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CAPITAL LOAN &
SUBSIDY SCHEME rent type |
|
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Capital Strategy &
Asset Management Plans Capital Strategy |
Provides the
policy framework for the operational work of asset management planning & |
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Asset Management |
Systematic
preparation of plans to maximise the use of assets in terms of |
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Capital Spending |
Expenditure on
new construction, land, improvements to existing |
|
Care & Repair |
See Home
Improvement Agency |
|
CCJ |
County Court
Judgement |
|
Certificate of practical
completion |
a stage reached
in the contract where the client can take beneficial occupation |
|
Chartered |
The professional
body for people working in housing. It promotes
housing and best practices. |
|
Choice Based Lettings
(CBL) |
Choice based lettings replaces a points-based allocation system with a
lettings service to provide more |
|
CIS |
Contractor
Insurance Scheme. Scheme to ensure deduction of tax at source for building
industry. |
|
Clerk of Works |
A person,
usually with wide building experience, often resident on a site and acting on
behalf of a client, in inspecting work, quality of materials etc during the
course of a contract. |
|
Community Legal |
The aim of the
Community Legal Service Partnership is to improve access for the public to
quality |
|
Community Plan |
A statement of
the needs and priorities of local communities that provides a basis on which
local agencies |
|
Community Safety |
The Crime and
Disorder Act (1998) placed a duty on local authorities to consider the effect
of crime and |
|
Commuted Sums |
See Developers
Contributions. |
|
Comprehensive
Performance Assessment (CPA |
Introduced in
December 2001, the performance of all councils will be assessed and a
judgment made on the local authority’s capacity to improve. The assessments
will build on existing audits and inspections and be carried out by the Audit
Commission |
|
Compulsory Purchase
Order (CPO) |
The forced
purchase of land or private property by a council for a greater |
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Communities |
|
|
Concealed Households
(‘Hidden Homeless’) |
People in need
of housing, who are currently sharing accommodation with another household
and who |
|
Contingencies |
a sum set
aside to cover the cost of any additional or unforseen
work which may be encountered once the project is proceeding on site.
Contingencies are also used to pay for changes which a client may request or
meet extra payments which the contractor may be entitled to. |
|
Continuous Recordings
(Core) |
A system for
collecting information on all new housing association |
|
Corporate Strategy |
Corporate
Strategy sets out the aims and key priorities for all areas, and the |
|
CP12 |
Gas safety
certificate from annual service |
|
CSW |
Community
Support worker (ie Warden) |
|
DD |
Direct Debit - A
method of tenants paying rent where the payment amount can be controlled by
the HA or council. Changes to the DD agreement must be notified by letter. |
|
Debt Free Local
Authority |
An authority is
debt-free if (a) at 31 March 2003, the authority's credit ceiling was nil or
a negative amount |
|
Decent Homes Initiative |
A decent home
meets the following four criteria: |
|
Decanting |
Moving tenants
from their homes while improvements are carried out. |
|
Developers Contributions
/ Commuted Sums |
Planning policy
guidance notes provide guidance on the use of developers’ contributions in
relation to |
|
Disabled Facilities
Grants (DFG) |
A mandatory means
tested grant to enable adaptations to be carried out to allow a disabled
person to |
|
District Core Group |
This is the
district level decision-making body with strategic overview of the
implementation of the |
|
District Inclusive Forum
(DIF) |
Has
responsibility for assessing the need for supported housing within the
Borough and prioritising bids for |
|
Diversifying Tenure |
Changing the
tenure mix in a certain area, moving away from a single tenure bias to create
more mixed and balanced communities.. |
|
DIYSO |
Do It Yourself
Shared Ownership – This is a programme under which housing register applicants
identify existing properties that they purchase on a shared ownership basis
with one of our partner Registered Social Landlords (RSL) |
|
e-GIF |
e-Government
Interoperability Framework |
|
Empty Property Strategy |
This strategy
provides an assessment of the number of empty properties within the housing
authority area |
|
EPC |
Energy
Performance Certificate. An EPC is an integral part of the Home Information
Pack (HIP) . This is necessary for 4 bed & above properties from Aug 2007 when selling or
letting a property. SAP rating needed 1st which drops the property into a
number of bands A-F like a domestic appliance. |
|
Estate Management Board
(EMB) |
Tenant run
organisations that oversee the management of social |
|
Extension of time
(certificate) |
an
extension of time to a contract period authorised by the architect for
reasons of adverse weather conditions, an unusual number of variations etc.
The reasons for which an extension of time may be granted are usually given
in the conditions of contract. |
|
Final certificate |
a certificate
stating that the works are now complete and the client is due a full and
final settlement to the contractor |
|
Fitness Standard |
Generic term
used for physical standards that dwellings must meet for them not to be
classed as unfit for |
|
Floating Support |
Provision of
support to people in their own homes rather than provided through a
specialised project or |
|
FT / FTA |
Former Tenant
Arrears |
|
GAD |
Gross Annual
Debit - The total rent that might be charged on a property within any year. |
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|
A |
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HandHelds |
Data collection
devices from Microsurveys, Powersurvey
and others |
|
HAR10 Report |
Part L3 / Part O |
|
Health Improvement
Programmes (HimP) |
A multi agency
strategy produced by the Health Authority to address the health and social
well being of |
HiTex Exhibition |
Annual Housing IT exhibition showcases held at football statia. Good places to review modern housing system solutions. |
|
Homebuy |
Homebuy
is a low cost home ownership scheme designed to help housing register
applicants buy a |
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Homechoice |
Homechoice
provides information on all housing association homes available for rent
within a borough or council area. Advertisements for private rented housing
and low cost home ownership schemes |
|
Home Energy Conservation
Act (HECA) |
Home Energy
Conservation Act (1996) requires local authorities to establish a strategy to
reduce CO2 |
|
Home Improvement |
Provides a care
and repair scheme primarily for those residents of the Borough who are
elderly or disabled but also for those who would, for other reasons, have
difficulty in applying for grants or other source of funding. The purpose of
the scheme is to assist and advice these categories of residents on measures
to assist tem to stay in their own home and raise funds for necessary works
through the grant system and other private sector sources. Home Repair and
Disabled Facilities Grants are particularly applicable to this B80and such
grants can be administered through the Home Improvement Agency. |
|
HOMESWAP |
HOMESWAP is the
UK-wide register of council, housing association and housing co-operative
tenants who want to swap homes. You can check the HOMESWAP lists at Council Civic
Offices. |
|
Houses in Multiple
Occupation (HMO) |
Properties that
are occupied by persons who do not form a single household and in which they
share basic amenities. Residents will possess separate tenancies or licenses.
They can include shared houses, bedsits and
hostels. |
|
Housing Association |
See Registered
Social Landlord. Not for profit organisations providing homes. Many housing
associations |
|
Housing Benefit |
Means-tested
benefit to help tenants of housing associations, council’s and private
landlords pay their rent in the |
|
Housing Corporation |
The Housing
Corporation is responsible for investing public money in registered social
landlords – and for protecting that investment and ensuring it provides
decent homes and services for residents. The Housing Corporation invests in
registered social landlords to provide homes that meet local needs. Through
regulation it seeks to ensure that people will want, and be able, to live in
these homes, now and in the future. |
|
Housing Corporation
Approved Development Programme |
The Housing
Corporation’s annual budget of grant –aid and other investment for Registered
Social |
|
Housing Needs Survey
(HNS) |
The survey
provides an assessment of housing need for an area, including the extent and
pattern of need. |
|
Housing Plus |
A term used by
the housing corporation to describe the activities of |
|
Housing system suppliers |
MIS, MIS-AMS,
IBS, ANITE, CONTEXT, SX3, Academy, Orchard, SDM, CCL (SDM), Northgate, QL, Aareon, Reidmark, Capita, Civica, Comino, Saffron, Simdell,
Modus, ActiveH, Homeswapper, IBS OpenSystems, Kypera, Wheatley
associates, OmniLedger, ReAct,
KeyStone, Scout Solutions, Xmbrace,
TriSoft |
|
Housing Strategy Board
(HSB) |
This is a formal
partnership whose aim is to produce an annual Housing Strategy that reflects
the needs of |
|
HSM |
Housing Services
Manager |
|
HSO |
Housing Services
Officer |
|
IDeA (Improvement & Development Agency) |
Helps councils
individually and collectively to continuously improve services. It is funded
partly by revenue |
|
IDeA Peer Group Review |
A team of senior
staff from all sectors and senior councillors visit a council and assess it
against and ‘ideal’, |
|
IFS |
Improvement for |
|
iN Business for Neighbourhoods |
www.inbiz.org iN business for neighbourhoods was born out of necessity
- the necessity to change the poor image of housing associations. This
distorted perception unfairly stigmatises those who live and work in the
sector. The political and socio-economic climate is ripe for the new approach
that iN promotes. There are unprecedented
opportunities for the sector to make genuine changes and build upon its
strengths - diversity, social purpose and financial stability. The National
Housing Federation recognised the need for change and seized the opportunity
to initiate iN business for neighbourhoods. |
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Independent Housing
Ombudsman |
The body that
deals with the complaints of housing association tenants |
|
Indicator Rents |
A guide to what
housing associations should charge if their rents are |
|
Inspection Memo, Tickets |
Memo generated
when pre/post inspection put on the system |
|
Joint Commissioning
Agreement (JCA) |
This is a three
way partnership between the Council, the Housing Corporation and partner
Registered |
|
Joint Contracts Tribunal
(JCT) |
formed by a
number of interest groups such as RIBA, RICS, British Property Federation,
Association of Consulting Engineers etc as a forum for establishing the form
and content of contracts for use in the construction industry |
|
JSA |
Job Seeker's
Allowance |
|
KLOE (Key Lines of
Enquiry) |
Audit
Commission's Housing Inspectorate methodology for inspecting housing services
delivered by local authorities, ALMOs and housing
associations. In total there are 13 KLOEs with sets
of questions and statements around either service or judgement specific
issues that provide consistent criteria for assessing and measuring the
effectiveness and efficiency of housing services. Twelve of the KLOEs cover service-specific areas within housing and
deal with the overall issue: 'How good is the service?' (also
known as Judgment One). |
|
Key Workers |
There is no
agreed standard definition of key workers and the scope of the definition
varies depending on |
|
Large Scale Voluntary
Transfer Authority (LSVT) |
The selling off
of 500 council homes or more to a housing association |
|
Large Scale Voluntary
Transfer Authority (LSVT) Receipt |
Money received
by the borough council from the sale of its housing stock. The sale is
usually made to a Housing Association or to a new ‘stand alone’ company
formed by former local authority staff. |
|
Leasehold |
The right to
live in a home on long-term tenancy, typically lasting for |
|
Licensee |
Residents of
houses or hostels that are not given the full legal rights of a |
|
Lifetime Homes Standard |
Homes designed
with features such as level |
|
Liquidated damages |
A sum detailed
in the conditions of contract which is designed to cover the financial loss a
client would face in the event of late completion of a repair/maintennace/improvement contract. The sum usually stated
as a weekly or occasionally daily rate is recovered from the contractor. |
|
LA |
Local Authority
or council |
|
Local Agenda 21 |
Every local authority
has to have a local agenda 21 strategy, which is a local action plan to show
how the council will work with its communities towards environmentally
friendly sustainable development |
|
Local Area Committee |
Primary role is
to undertake the devolved responsibilities of |
|
Local Authority Social
Housing Grant (LASHG) |
A capital grant
channelled to a Registered Social Landlord (RSL) through a local authority to
subsidise the |
|
Local Housing Company
(LHC) |
A social
landlord registered with the housing corporation, set up to take |
|
Local Information
Network Connexions Service (LINCS) |
A one-stop shop
advice service for young people aged between 13-25 years |
|
Local Plan (LP) |
A local plan
provides a detailed framework for planning policy and proposals for specific
sites over a 10- |
|
Local Plan Sites |
Each Local Plan
is required to identify land supply for development purposes. In the case of
housing a |
|
Local Strategic
Partnership |
A local
strategic partnership (LSP) is a single body that brings together at a local
level the different parts of |
|
Low Cost Home Ownership |
Property
available for people whose incomes, whilst insufficient to buy or rent on the
open market, can |
|
Major Repairs Allowance
(MRA) |
The main housing
subsidy for local authorities, based on the cost of |
|
Market Renting |
Properties
without capital public subsidy and where the rents are theoretically
determined by supply and |
|
Move-on |
This is
permanent accommodation provided for |
|
National Housing
Federation (NHF) |
The trade body
for housing associations in |
|
Neighbourhood Manger |
Appointed by
local authorities and housing associations to ensure that |
|
Neighbourhood Warden |
A uniformed,
semi-official presence in the |
|
NHER |
National Home
Energy Rating. The NHER rating takes into account the local environment and
the affect it has on the building's energy rating. The NHER calculates the
costs of space and water heating as well as cooking, lights and appliances.
This is why the NHER is more accurate than the SAP. |
|
Nomination Agreement |
A contract under
which council’s can place those in housing need into |
|
Non Technical Arrears |
Balance owed by
tenants excluding housing benefit |
|
NROSH |
The National
Register of Social Housing (NROSH) will be a property database containing a
record of each individual unit of social housing in |
|
NTQ |
Notice to Quit.
Where tenants are to be forced to leave their home. |
|
Office of the Deputy
Prime Minister (ODPM) |
Government
office with responsibility for local government & the regions, as well as
regeneration, social |
|
PAT Testing |
Portable
Appliance Testing. Checks made by a N.A.P.I.T authorised (trade association
dedicated exclusively to inspection and testing) |
|
Performance Indicators
(PI) Report |
Management
Area |
|
Planning Policy Guidance
Note 3 (PPG3) |
Planning Policy
Guidance 3 (2000) outlines the central government planning policies in
relation to |
|
Pointed Rents |
Rent values set
by a number of points attached to a number of criteria (eg
no of bedrooms, central heating fitted etc) all multiplied by
a pence per point. Currently being replaced by target rents / rent
restructuring. |
|
Possession Order ( |
A legal document
issued by a court giving a landlord the right to evict a |
|
PPG3 |
The planning
policy guidance note three on housing, issued in 2000, |
|
Private Sector Renewal
(PSR) |
A generic term
used to cover different schemes in the regeneration of communities,
specifically linked to |
|
Quality Mark |
The Quality Mark
is part of the Community Legal Service, whose aim is to improve access for
the public to |
|
QHS |
Quality Housing
Standard. Detailed criteria covering Opening & reception ; Telephone
accessibility ; Info & documentation ; Dealing with people seeking
housing ; Maintenance ; Rent payment & collection ; Complaint handling ;
Estate Management (incl ASB) ; Participation ;
Diversity & Equality |
|
Regulatory and
Statistical Return (RSR) |
A form that
housing associations now have to complete electronically |
|
Regional Housing Board |
The Government’s
Communities Plan set out proposals to change the way in which resources would
be |
|
Regional Housing |
The government
stated in its ‘Communities Plan’ that housing investment would, from April
2004 onwards, |
|
Registered rents |
Rent set by a
rent officer and notified by a RR1 form to the tenant rather than a
consultation letter sent to an assured tenant on tenancy / rent review |
|
Registered Social
Landlord (RSL) |
This is the name
for social landlords that are registered with the Housing Corporation – most
are housing |
|
Regulatory Reform Order |
Changes to the
private sector renewal grants legislation come into effect on 18 July 2003
which gives local |
|
Renovation Grant |
A discretionary
means tested grant available, |
|
Rent Cards |
Printed Cards
for tenants to have rent payments recorded when paying at a cash office or to
a collector |
|
Rent Controls / Rent
Ledger |
Period controls
for the rent system. Postings to financial ledgers often go to a void/rent
control account. |
|
Rent Guarantee |
A formal promise
given to tenants about future rent rises. Rent |
|
Rent Pooling |
A method of
projecting rental income into the future. (Base rent + parking + garden +
area weighting) |
|
Rent Registration
(registered Rents) |
The Rent Acts
(Maximum Fair Rent) Order 1999. In |
|
Rent Strips (Gilbert
Strips) |
Strips detailing
balance / period rent / total collectable used by rent collectors. In a
system, cash often entered in reference to origional
sheet. |
|
Retentions |
an
amount, usually 2.5%, 5% - 10% held back from the sum due to a contractor,
for payment at a later date. The amount will be specified in the conditions
of contract. Retentions are usually released on the basis of half at the
issue of the certificate of practical completion, the remainder at the issue
of the final certificate. |
|
RHFS |
Retirement
Housing for |
|
Right To Aquire (RTA) |
Like RTB but withmore restrictions (often 5+ years
residency needed to buy home at a discount). Often invoked after a LSVT or
ALMO formed from former LA Stock. |
|
Right to Buy (RTB) |
Some council
tenants have the right to buy their home at a generous discount on the market
price, under the Right to Buy scheme. The price depends on the length of time
of residence and the type of tenancy. |
|
Rent week Equivelents RWE |
Number of weeks
rent is equivelent to tenants
arrears. (eg a tenant with rent of £50 with arrears
of £200 has a RWE figure of 4 |
|
RSR |
Regulatory and
Statistical Return |
|
RSM |
Retirement
Scheme Manager |
|
SAP Rating |
See
"Standard Assessment Procedure (SAP rating)" |
|
Section 20 Notice |
A section 20 is
the legal document the council serves on the leaseholders of a building, i.e.
people that have bought their flat from the council originally, informing
them that they intend to undertake essential refurbishment of the buildings
common parts. This usually covers common parts like lifts, roofs, appearance
of the building and so forth. Each property could end up with a bill of up to
£20,000 or more. |
|
Section 106 agreement |
A planning
obligation or agreement under the Town & Country Planning Acts where
planning approval is |
|
Secure Tenancy |
The standard
form of tenancy given to almost all council tenants. It |
|
Service Level Agreements
( |
Agreement
between organisations and/or agencies setting out how |
|
Service User |
An individual
who uses, requests, applies for, or benefits from health or local authority
services. They may also be referred to as client ,
patient or consumer. Service User ID |
|
Sequence of trades |
the order
in which building trades undertake their work. Traditional sequences such as
the "common arrangement" are followed where possible, but they are
not always applicable in conservation work |
|
Shared Ownership |
A housing
association scheme that is a cross between owning your own |
|
Sheltered Housing |
Accommodation
especially designed for older people supported by a |
|
SHQS |
Scottish Housing
Quality Standard |
|
SMV (standard Minute
Value) |
An estimation of
how many minutes an SOR or overall job should take. IE an SMV value of 75 for 'Replace Door Lock and Mortice'
represents an estimate of One hour and a quarter. |
|
Snagging |
the term
used to describe unsatisfactory work or small items of work still to be
completed which are discussed/discovered during final site inspections. |
|
Social Exclusion |
Term used about
people or the areas they live in that experience high crime, poor housing,
high |
|
Social Housing Grant |
Public money
allocated by the housing corporation to help housing |
|
Social Housing Agreement
(SHA) |
Partner RSL’s and those with stock in the Borough are encouraged
to sign up to the Social Housing |
|
Social Housing Programme |
A proposed
enabling programme of social housing which is housing of a high standard
provided to rent (or |
|
Social Rented Housing |
Housing of a
high standard which is provided for rent at below market cost for households
in housing need |
|
SO |
Bank or Building
society Standing Order. A popular method of tenants to pay rent. SO can be
cancelled by the tenant at anytime. See DD |
|
SOR (Schedule of Rate) |
An elemental
part of a repairs job costed by a contractor and
generally taking a specific number of SMVs. Eg 'Replace Tap Washer'. Repair orders are composed of
One or more SORs or narrative (free text lines) |
|
SPO |
Suspended
Possession Order |
|
SSM |
Sheltered Scheme
Manager |
|
SST |
Scottish Secure
Tenancy |
|
Starter Home Initiative
(SHI) |
The Starter Home
Initiative (SHI) aims to help around 10,000 key workers, particularly nurses,
teachers and |
|
Standard Assessment
Procedure (SAP rating) |
This is a
measure used to measure energy efficiency – the |
|
Strategic Housing
Authority |
Local government
tasked with housing responsibilities, can be unitary, metropolitan, borough,
district or |
|
Sub-contractor |
persons
employed to undertake specialist work beyond the capacity or capabilities of
the main contractor. Domestic SCs are employed
directly by the main contractor. Named SCs are on
lists of firms specified by the client or his architect, and thereafter
approached by whoever is tendering for the work. Nominated SCs are specialist firms selected by the client or his
architect, with whom the main contractor must then work. |
|
Supplementary Planning
Guidance |
From time to
time, the Council publishes supplementary planning guidance (SPG) to amplify
the guidance |
|
Supported Housing |
Supported
Housing is accommodation where an individual receives support to enable them
to live |
|
Supporting People |
New mechanism
for the funding of the costs of care and support services for people living
in supported or
independent accommodation. These costs are separated from those
related to housing costs and funded through a separate funding stream.
Usually each stream identified by an administering Authority, NI number / Service ID
as persons identifyer. An assesment
is made & regular visits organised. |
|
Sustainable Communities
Plan |
This sets outs
the Government’s vision in regard to meeting the demand for new housing in
the Country. It sets out proposals to ensure that housing needs are met
within a sustainable framework and in the South East the focus is largely
upon the delivery of more housing not only in the growth areas but across the
whole region. |
|
Sustainable Development |
A process of
planning in local authorities that integrates social, economic and
environmental perspectives, |
|
Swipe Cards |
Payment cards
used by tenants (eg FCS / Allpay
etc). Some companies can process DD and SO payments too. |
|
Target Rents (rent
Restructuring) |
In 2002, the
Government introduced a new policy for calculating rents, which was called
rent restructuring. Until then, social housing providers,
had mostly used a points-based system for determining rents for properties.
Since 2002, all Local Authorities and Housing Association must establish the
rent for each of their homes by using a formula based on the value of the
property. The aim of the Government's policy is to ensure that, by 2012,
tenants of Councils and Housing Associations all pay the same rent for
comparable housing. |
|
Technical Arrears |
Balance owed by
tenants including housing benefit |
|
TI |
Tenant
Involvement |
|
Trade Base Prices |
Base prices for SORs. An average price for a SOR task. Usually inflated
to reflect local rates. |
|
TP |
Tenant
Participation |
|
TSD |
Tenancy Start
Date |
|
Variations |
Changes in work
authorised by the architect. Often generating Contract Instructions (CI's) if
in Planned Maintenance. For response repair work commonly work up to a limit
can be pre-authorised. Anything exceeding this must go to the client for
authorisation. |
|
Void |
Empty Property.
Void loss is the loss of potential rent due to a property being empty. |
|
Void Action Plan |
A number of
actions needed to prepare a void for a new tenant. EG Change locks, clean,
gas service, update Kitchen or Bathroom. These major items are known as
'capital' works or items. |
|
Warm Front |
Formerly known
as HEES (Home Energy Efficiency Scheme) this is a Government funded scheme
providing home insulation draughtproofing and
energy advice for the elderly and people in receipt of benefit. |