Sector Has Scope To Save ‘Millions’ Annually On Repairs

The sector has the scope for multi-million pound savings year-on-year if repairs demand was managed more effectively, a new report reveals. Vantage has published its  financial state of the sector FY17/18 to show last year’s improved financial position has largely held with total turnover up  just over £1bn. But the analysis sees scope for improvement in the overall spend on repairs and maintenance –  with its increase by 5.7%. Notwithstanding the costs of restructuring, the analysis offers little sign of economies being achieved in any of the major cost areas. Read more on 24housing.

https://www.24housing.co.uk/news/sector-has-scope-to-save-millions-annually-on-repairs/