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How we spend your rent
- Major repairs – 31p
- Salaries – 27p
- Routine maintenance – 21p
- Central office costs – 8p
- Letting homes and tackling ASB – 7p
- Empty homes repairs – 5p
- Tenant and neighbourhood services – 1p
2025/26
- Housing management – £654
- Routine repairs – £1,223
- Major repairs – £1,238
- Other – £947
- Total – £4,061
*Social housing cost per home
£117.48 - up 1.6% on 2025
*Excludes Affordable Rent and intermediate rent
Overall | ||
Rent value for money | 25/26 | 68.6% of you think your rent provides value for money compared to 65% last year (up 3.6%) |
24/25 | 65.0% | |
Service charge value for money | 25/26 | 53.7% of you think service charges are value for money compared to 48.5% last year (up 5.2%) |
24/25 | 48.5% |
*TSM customer segments used – LCRA (rented homes, including social, supported, retirement living and intermediate rent) and LCHO (shared ownership homes)
- Median time taken to re-let our empty properties: 49 calendar days
- Homes empty at year end as a % of managed properties: 2.6%
- Rent arrears as a percentage of total rent due at year end: 5.01%
- Appointments Made and Kept: 92.2%
Note: Riverside London appointments excluded
- Responsive Repairs First Time Fix: 79.8%
How every £1 of rent is spent
- Major repairs – 31p
- Salaries – 27p
- Routine maintenance – 21p
- Central office costs – 8p
- Letting homes and tackling ASB – 7p
- Empty homes repairs – 5p
- Tenant and neighbourhood services – 1p
Average cost of maintaining your home*
2025/26
- Housing management – £654
- Routine repairs – £1,223
- Major repairs – £1,238
- Other – £947
- Total – £4,061
*Social housing cost per home
Average weekly net rent for general needs homes*
£117.48 - up 1.6% on 2025
*Excludes Affordable Rent and intermediate rent
Value for money*
Overall | ||
Rent value for money | 25/26 | 68.6% of you think your rent provides value for money compared to 65% last year (up 3.6%) |
24/25 | 65.0% | |
Service charge value for money | 25/26 | 53.7% of you think service charges are value for money compared to 48.5% last year (up 5.2%) |
24/25 | 48.5% |
*TSM customer segments used – LCRA (rented homes, including social, supported, retirement living and intermediate rent) and LCHO (shared ownership homes)
Satisfaction and performance
- Median time taken to re-let our empty properties: 49 calendar days
- Homes empty at year end as a % of managed properties: 2.6%
- Rent arrears as a percentage of total rent due at year end: 5.01%
- Appointments Made and Kept: 92.2%
Note: Riverside London appointments excluded
- Responsive Repairs First Time Fix: 79.8%
Reasons for complaints 2025 – 2026
Our commitment to improving
We know we need to keep improving how we respond to complaints and resolve issues affecting you. Our improvement plan sets out the action we’ll take to make the complaints process clearer, quicker and more consistent.
