Asset Management

Co-op Homes is committed to providing homes that are in a good condition for our tenants and achieve an EPC energy level of "C" or above . Our asset management plan is designed to help deliver on these promises as it makes provision for the major, planned and cyclical works required to achieve this. The budget for major works over 2024-2025 is £670,000.

Our Asset Management Plan approved by Co-op Homes' Board of Management.  We use a combination of factors to create the plan, including a continual assessment of the condition of the stock (our homes), our financial resources and our residents' priorities.  The over-arching plan is formally reviewed every six months and takes account of feedback from: 

  • our residents (including complaints)
  • our contractors
  • our employees
  • inspections carried out by our technical staff.

In addition, when formulating and reviewing the plan we consider:

  • an analysis of repairs requests
  • value for money
  • changes in current regulation
  • updated health and safety guidance.

Whilst Co-op Homes' properties are generally in a good condition due to their age and our previous investment in the asset management programme, our aim is to ensure that works are distributed evenly across our property portfolio.  This will make sure that all our properties receive some level of improvement and investment across a 5 year period and that we're on track to make sure all homes achieve an Energy Performance level (EPC) of "C" or above.

The table below summarises our plans for 2024 and 2025 across a selection of properties* in the following areas:

Asset Number of homes Location *
Heating upgrades  30

Hillingdon, Slough, Brentford, Southall, Hayes, Tottenham, Reading,  Chiswick
Windows  61

Chiswick, Isleworth, Slough, Reading, Hayes, Tottenham
External Doors 95 Wood Green, Isleworth, Slough, Chiswick, Hillingdon, Hammersmith, Southall, Reading, Haringey
Kitchens  2 Tottenham, Hillingdon
Bathrooms  26  Isleworth, Hillingdon, Wood Green, Southall, Hounslow, Tottenham, Reading 
Externals/ communal areas 29 Isleworth, Chiswick, SLough, Hillingdon, Reading
Electrics 18 Wood Green, Hillingdon, Hammersmith, Reading, Isleworth, Hayes

 * Individual properties selected according to priority and eligibility criteria

 

All residents in the selected addresses are notified and consulted about intended planned works in advance of any project.  If you would like to discuss this or any aspect of our Asset Management Plan, please do not hesitate to contact us.