recent quotes

"The dominant factor in the long-term rise in spending is the growth in rents paid by claimants. High rents result in high HB awards but they also broaden the reach of the poverty trap, driving up the caseload to take in ever larger numbers of in-work claimants. "

Chartered Institute of Housing Ticking the box ... for a welfare system that works, September 2014

"I would urge them to go further, be more creative and innovative, and think how we can make every pound go further to deliver even more affordable homes. As Housing Minister I want to hear how housing associations are already doing this throughout the country, and how others can learn from them."

Brandon Lewis, Minister of State for Housing and Planning Interview for Inside Housing, 30th July 2014

At the time of the research, four out of five claimants affected by the RSRS were reported by landlords to be paying some or all of their shortfall, although half of these had failed to pay in full. There was widespread concern about the impact of potential future evictions on local services, and on landlord finances as well as on the lives of vulnerable people.

Ipsos Mori / CCHPR Evaluation of Removal of the Spare Room Subsidy: Interim report for the DWP, 15th July 2014


Welcome to the website of Hargreaves Risk and Strategy.

We are a specialist consultancy and research organisation, working with housing associations, funders and regulators on risk management, strategic planning and control.

latest news...

Maximise capacity but prepare for the worst

In our editorial for October's HRS Review, we note that rents are becoming increasing unaffordable to tenants on low incomes, due to increases faster than wages and the conversion of a proportion of existing homes to 80% of market rent. Some associations have pledged to improve affordability by ceasing conversions and pinning rents to a proportion of wages for people working full-time on around the minimum wage level. This is likely to require further cross-subsidy from commercial products such as outright sales. In turn, this will increase the risk profile of the organisations concerned, requiring them to increase the robustness of their risk management systems through setting a formal risk appetite, scenario planning, stress testing and putting in place systems to detect the onset of adverse scenarios. For more information, see the latest HRS Review.

HRS Review 59 - Finance and Development

Our publications covering the changes in the sector risk environment, with advice as to how to respond to them, are published monthly. The latest edition was sent to members on 9th October, together with a special edition reporting on the 2014 NHF Conference. If you require any additional copies of any of the HRS Reviews, please contact us on 0208 245 0737 or you can download a PDF from the members' area.

2014 Members Conference

Our ninth Members' Conference took place on 27th February at the Institute of Directors in London. In the members' area, you can find the slides and summaries of the presentations from the Conference.

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