Council Scraps ALMO To Save £500k

A Midlands council is set to take the management of its housing stock in-house to save at least £500,000 a year. Councillors on Ashfield District Council, in Nottinghamshire agreed a report recommending the council scraps its arm’s-length management organisation (ALMO) Ashfield Homes. The council will take advantage of a five-year break clause in its contract with the ALMO to take the management of its 6,800 homes in-house by next April. The decision followed a consultation, including a survey which found 64.6% of 756 tenants were satisfied with the proposals. The council has estimated the proposal will save £500,000 a year through the removal of posts in the back office and of senior staff. Read more on the Ashfield Homes website.