VFM at a glance: A five year journey
Value for money is an embedded and well established working practice within Accord Group. In the last five years Accord Group has…
Invested over £150 million
in the delivery of new
housing supply
Improved group social
housing lettings operating
margin by 8%, from 26% to
34%
Reduced group social
housing lettings total operating
costs by 10%, or £341 per unit
a total investment of over £72
million in maintaining and
improving the Group’s existing
homes.
invested over £6,000 per
home in maintenance and
improvement works
employed an average of
2,500 colleagues
invested over £240
million back into our
communities and the local
economy through over 3,500
employment opportunities
delivered around 1,100 new
homes to our communities
generated over £20million
from the disposal of existing
homes to fund the supply of new
homes
Financial Statements 2016
15