Leathermarket JMB & CBS:

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Presentation transcript:

Leathermarket JMB & CBS: Tenant control

Tenant self- management

Quick stats 1053 tenants: 421 leaseholders (50% non-resident) Southwark tenants & leaseholders: TMO manage 2016 continuation ballot- 94% support- 75% tenant turn-out & 66% overall turn-out Southwark:15 TMOs- we are as big as the other 14 put together 2017 status survey: 92% recommend Southwark TMOs to family-85% for other Southwark tenants 74% TMO satisfaction, compared to 66% rest of Southwark

Tenants in control

Tenants in control

Self-finance Financing of council housing works Keep income from rents and service charges 30 debt repayment on our homes Pay for services will need Southwark to provide Rest to pay for services & major works 30 year asset management plan: catching up on repairs backlog- 2016/17: 46% available expenditure spent on major works

Self-finance income

Self-finance expenditure

New Homes for council tenants at council rents Leathermarket CBS Marklake Court - 27 homes

New Homes for council tenants at council rents Leathermarket CBS Joseph Lancaster nursery site - 40 homes

Finance £300,000 loan from JMB (now £150,000) GLA design& feasibility Marklake Southwark Council construction Marklake DCLG design & feasibility Joseph Lancaster DCLG estates improvement plan Southwark Council/ GLA/ DCLG construction costs Future re-cycle rental income

Challenges Housing & Planning Act (forced sales/ fixed-term tenancies) Universal credit pilot: Ave tenant £70 in credit: 137 tenants on UC average arrears is £647 6% of residents don’t support us: 3% really don’t like us Endemic problems in the construction industry (fight for quality) High major works charges for some leaseholders, as we catch up on disrepair backlog

Communicate obsessively