HouseMark has shared the month three findings from our sector-wide COVID-19 impact analysis. The membership-exclusive report assesses the impact of the pandemic on the social housing sector, enabling landlords to forecast out turns and prioritise recovery action. While data shows that performance appears to be stabilising, mitigation is needed from landlords given the current backlogs and potential future uncertainty.
Our analysis remains the only UK sector-wide research to quantify the effects of the pandemic and evidences the impact of 10 weeks of lockdown measures.
Headline findings include:
Talking about the latest report, HouseMark Chief Executive Laurice Ponting said: “We have seen data play a vital role across so many elements of tackling the coronavirus crisis, both in how it has helped our understanding of the pandemic and how it has shaped the response of policymakers. It is no surprise that we are seeing landlords look more closely at data to assess impact and plan for the future. This is why we have responded by providing a monthly assessment of the ongoing impact of the pandemic across the sector.
“The three-month picture suggests that performance is stabilising across key indicators such as arrears and lettings activity, and that the sector has entered a period of recovery, but there is still uncertainty ahead from the end of the Government’s job retention scheme, Brexit and an unpredictable prognosis for ongoing control of the virus. As executives and boards revisit business plans to make strategic trade off decisions for recovery and mitigate this uncertainty, external, unbiased evidence to support decision making is crucial. Our COVID-19 solutions will continue to equip our members with the insights they need to make the best possible business decisions at this critical time.”
The full report, including detailed analysis and best practice from landlords across the UK, is exclusively available to participating organisations. Organisations interested in finding out more about HouseMark’s COVID-19 solutions should contact firstname.lastname@example.org to find out more.
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