Scottish Housing Regulator welcomes new value for money report
The Scottish Housing Regulator has welcomed a new report contributing to the debate on what value for money means for tenants, social landlords and the housing sector in Scotland.
Produced by the Chartered Institute of Housing (CIH) Scotland, HouseMark Scotland, and the Wheatley Group, the report called ‘How do you know if you are providing value for money?’ sets out an approach for landlords to refer to when defining, managing and demonstrating value for money.
The report follows the regulator’s call for a national discussion on the sustainability of above-inflation rent increases.
Speaking at the Chartered Institute of Housing’s launch event in Edinburgh last week, Ian Brennan, the regulator’s director of regulation finance and risk, said: “We are pleased to welcome the report and the work that landlords are doing around value for money. Our statutory objective is to safeguard and promote the interests of tenants, future tenants and other service users. Our approach to value for money will be firmly rooted in that objective and we see no reason for additional regulatory requirements at this time.”