Welcome to our customer newsletter.
I want to tell you about some of the spending decisions we’ve taken over the last couple of years. I also want to talk about our repairs service, but firstly I want to focus on any worries you might have because of the current cost of living crisis.
Times are tough and we want to understand how we can best help you.
In December we will be asking you some questions in a survey to find out how things are for you. High energy prices and inflation are just two of the things that might be causing you problems. We want to understand more, so we can provide help and support in the most useful ways. If you need any advice and support now, please contact one of my team on 0300 3045000 who will be happy to help.
Spending money to keep customers safe.
The last couple of years have been some of the most challenging in the history of the Housing Association movement. The highest rate of inflation since 1981, plus increasing interest rates (the highest since 2008) and soaring costs have all impacted on Estuary. Frustratingly, this means we have less money to do all the things we want to. Also, that we get less for our money when we buy goods and services.
We’ve had to make some hard choices. Replacing dangerous cladding on two high-rise blocks as well as fire doors in many homes has cost more than £24 million. Choosing to do this means we have had to scale back on developing new homes and other work that we had planned. I know we have had to disappoint some customers who were expecting new kitchens and bathrooms. I’m sorry that our money has not been able to go further but am pleased to say that, despite current challenges, we are in sound financial shape.
Improving our repairs service.
We want repairs to be done speedily and well and for you to be kept informed about what is happening at every stage. We know that our repairs service needs to be better and are working with our contractor (Axis Europe) to improve things. There are some big hurdles here, such as a lack of skilled labour, but we hope to see repair times improve. I know that we don’t always get things right, and when that happens, I am determined that we apologise and put things right as soon as we can.
We want to provide housing that you are proud to call home.
This is at the heart of our social purpose. It’s not just a slogan, it’s what keeps us on track through challenging times. I sincerely hope that “By providing housing our customers are proud to call home, we change lives for the better every day.”
Yours sincerely
Ian Martin
CEO