£50m social housing retrofit programme: An addition needed for the long term

£50m social housing retrofit programme: An addition needed for the long term

During the Chancellor’s summer statement on Wednesday 8 July, plans were announced for a £50m fund for social housing retrofit programme. This comes as part of a wider £3bn fund for green jobs, aiming to kickstart the economy’s road to recovery.

The plan 

Heat pumps, insulation and double glazing will be used to improve the energy efficiency of the UK’s social housing offering, potentially reducing people’s annual energy bills by around £200. 

Undeniably, this all sounds very positive, but is it that straightforward? 

The logistics and engaging with supply chains 

The £50m fund for social housing retrofits certainly provides food for thought for registered providers, however, the announcement could throw up numerous logistical difficulties. Many contracting partners will undoubtedly be keen to be involved in these projects given the current economic climate and registered providers should use this opportunity to reflect on how they engage with their supply chains. 

How will tenants benefit? 

Ensuring value for money is essential, but tenants themselves mustn’t be forgotten either. Registered providers should be looking for construction partners who are willing to enter into collaborative contracts with transparent working agreements, which put tenant engagement and satisfaction at the centre of the retrofit process. 

If you’re a construction partner, read more about our team of specialist construction lawyers and how we can help. 

Helping you achieve your ambitions 

Although a welcome step in the right direction, this £50m funding is just the beginning. A focus on the quality of social housing is needed in the long term, not only now as a way to boost the economy. More than anything, the wellbeing of those who live in social housing must be prioritised. 

To see how our team of experts can help create a more sustainable future for your organisation, as well as the wider community, contact a member of our social housing team. 

Contact us

We have launched our guide to recovery and resilience, helping to support businesses and individuals unlock their potential, navigate their way out of lockdown and make way for a brighter future. Further advice in relation to COVID-19 can be found on our dedicated coronavirus resource hub.  

From inspirational SHMA Talks to informative webinars, we also have lots of educational and entertaining content for life and business. Visit SHMA® ON DEMAND. 

Our free legal helpline offers bespoke guidance on a range of subjects, from employment and general business matters through to director’s responsibilities, insolvency, restructuring, funding and disputes. We also have a team of experts on hand for any queries on family and private matters too. Available from 10am-12pm Monday to Friday, call 0800 689 4064.