Budget Forecasts

This year HouseMark is delivering more on time insight than ever before. Following the success of our monthly impact reports – tracking how the pandemic has affected core business functions, such as lettings, voids, and arrears - we’re pleased to introduce our new Budget Forecasting Tool.

Only with this interactive modelling tool can you:

• Compare with the wider sector on key performance and cost metrics over five years to see projections on profitability compared to the rest of the sector.
• Model different scenarios based on local decisions – and for housing associations, see how this would affect VFM metrics.
• Adjust resourcing levels to understand the likely impact on performance – from increasing investment in ITC to accelerate channel shift, to identifying the optimal number of rent collection staff to maximise revenue.
• For housing associations, access an exclusive first-look of your VFM metrics comparisons for 2019/20 based on global accounts data for over 150 housing associations who have so far submitted data. This data has not yet been published by regulators.

Forecasts for this year and next are based on your own trend, with global adjustments made in places based on our monthly impact monitoring data and research. This exciting tool is only available through HouseMark and uses data that is not available anywhere else.

Only with HouseMark can you access costs by service area that allow you to truly understand the productivity of different teams and contractors.

To find out more about the tool or to discuss your data submission, please contact data@housemark.co.uk.