Cost index doesnt add up

The index is hampered by a flawed methodology in calculating the predicted operating cost for each unit, which for the specialist housing associations ranges from £3.5K to £61K.

In our own case, for example, if the specialist registered social landlords had been ranked according to actual costs, Advance would have been ranked 19th rather than 37th. As a specialist support provider we are very willing to assist the Housing Corporation in its performance so that next year’s figures start making sense.

Stuart Rigg, chief executive, Advance Housing and Support