Issue - meetings

The Asset Management Strategy sets out BCP Homes’ approach to managing approximately 9,600 Housing Revenue Account (HRA) properties, including dwellings, leasehold properties, garages, communal areas and associated assets. The strategy outlines how the Council will maintain, invest in and improve its housing stock over the next five years (2025/26–2030/31), while aligning with wider corporate objectives and preparing for long-term sustainability challenges.

RESOLVED that the Asset Management Strategy is adopted and implemented in full, with ongoing oversight to ensure investment remains aligned to stock condition data, regulatory requirements and resident priorities.

Voting: Unanimous

Portfolio Holder: Housing and Regulatory Services

Reason

Approval of the Asset Management Strategy is recommended because it provides a clear, evidence-based framework for maintaining safe, decent and sustainable homes, supported by robust stock condition data and a fully funded £121.8m five-year investment programme. The strategy is essential to ensure continued compliance with statutory housing and building safety requirements, deliver EPC Band C by 2030, and address tenant priorities for well-maintained, energy-efficient homes. It also strengthens long-term financial planning through a 30-year investment model and introduces improved asset intelligence, enabling informed decisions on future investment, sustainability and value for money.

The Leader of the Council presented a report on behalf of the Portfolio Holder for Housing and Regulatory Services, a copy of which had been circulated to each Member and a copy of which appears as Appendix 'B' to these Minutes in the Minute Book.

Cabinet was advised that the Asset Management Strategy sets out BCP Homes’ approach to managing approximately 9,600 Housing Revenue Account (HRA) properties, including dwellings, leasehold properties, garages, communal areas and associated assets, and that the strategy outlined how the Council will maintain, invest in and improve its housing stock over the next five years (2025/26–2030/31), while aligning with wider corporate objectives and preparing for long-term sustainability challenges.

The Chair of the Health and Adult Services Overview and Scrutiny Committee, Councillor Patrick Canavan addressed the Cabinet expressing thanks to officers for their work with the report and the commitment to putting the funding behind the strategy. Further to this Councillor Canavan highlighted the link between the strategy and health and wellbeing, and of the constant challenge to ensure that there is sufficient recognition that suitable decent housing is a real issue. 

Cabinet members spoke in support of the report citing the importance of decent homes and welcoming the investment programme along with the importance of sustainability.

RESOLVED that the Asset Management Strategy is adopted and implemented in full, with ongoing oversight to ensure investment remains aligned to stock condition data, regulatory requirements and resident priorities.

Voting: Unanimous

Portfolio Holder: Housing and Regulatory Services

Reason

Approval of the Asset Management Strategy is recommended because it provides a clear, evidence-based framework for maintaining safe, decent and sustainable homes, supported by robust stock condition data and a fully funded £121.8m five-year investment programme. The strategy is essential to ensure continued compliance with statutory housing and building safety requirements, deliver EPC Band C by 2030, and address tenant priorities for well-maintained, energy-efficient homes. It also strengthens long-term financial planning through a 30-year investment model and introduces improved asset intelligence, enabling informed decisions on future investment, sustainability and value for money.