Every year around this point in the financial calendar, housing teams start looking at end-of-year budgets and asking the same set of questions: What needs topping up? What needs deferring to next year? What actually moves the needle before the next financial year starts? And what needs to go into our plan for next year so that we’re achieving our outcomes?
Traditionally, that money goes into repairs, maintenance, health and safety, or areas where compliance deadlines loom. And no doubt these are important things to spend on, but there is a noticeable shift happening across the sector right now. Tenant engagement is moving up the priority list, not because it is suddenly fashionable but because the scrutiny around it has changed.
Between new expectations from government, increasing regulatory focus around transparency, and a resident base that expects to be listened to, the housing sector is investing its spend, especially if there’s a little extra end-of-year budget available, somewhere different: engagement, insight and communication. Why? Because it has huge potential to impact trust and relationships with tenants on a much broader and long-lasting scale.
This is what I am hearing consistently from housing professionals through the conversations I am having, and it has consequences for how budgets are used in the next three months, and beyond. So, here are my thoughts on why now is the ideal time to spend on engagement and what it could do for your organisation.

