Faithorn Farrell Timms

Many of our social housing clients have now realised the benefits of a robust stock rationalisation strategy to allow a greater focus on their core resident communities and enable more efficient management of their assets.  The disposal of remote and widely dispersed housing stock not only generates additional funds for reinvestment but also enhances their ability to provide a consolidated and more local management service to their residents.

We offer many years’ experience of complementing our core professional disciplines with an innovative and flexible approach to providing asset management, agency and valuation services within the social housing sector and always ensure our clients receive the highest quality advice and guidance in support of their own strategic objectives within a complicated and rapidly changing marketplace.

Our broad client base, extensive network of useful contacts and wide geographic reach from five offices throughout the UK, enables us to broker and facilitate stock rationalisation, transfer and disposal activities between social landlords or other private sector investors and developers to optimum effect.

The Practice now has a number of full-time, in-house consultants available to undertake the processes involved including:

Stock condition surveys, lifecycle analysis, active asset management and NPV analysis to aid the decision-making process.

Valuations, portfolio selection, options appraisals and lot assembly.

Soft market testing, preparation of sale particulars, online data portal management, competitive tendering process, bidder quality evaluation and selection.

Dedicated project management and co-ordination with our clients’ operational teams, resident consultation guidance, Local Authority liaison and obtaining regulatory consents.

Faithorn Farrell Timms can also commission specialist legal and financial advisors with whom we have particular experience of working in this field or work alongside your existing or preferred advisors to achieve your objectives within any given timescale.

We have supported Southern Housing Group, London & Quadrant Housing Trust, The Hyde Group, Worthing Homes Ltd and The Home Group in facilitating recent stock rationalisation exercises, resulting in both disposals and acquisitions, with our ability to maximise value for our client by steering the entire process from start to finish, or act on their behalf just on some parts of it, contributing to the success of these.

Please contact Stuart May on 01689 885080 or at stuartmay@effefftee.co.uk for any additional information you may require about the services we provide.