New Rent Affordability tool helps to streamline assessment processes
HouseMark Scotland and the Scottish Federation of Housing Associations (SFHA) launched a new rent affordability tool in September this year. The purpose of the tool is to calculate five affordability measures for a proposed rent. It allows users to see how their rent and affordability measures compare to other social landlords. The tool is available exclusively to HouseMark and SFHA members, and has been accessed almost 2,000 times by housing associations and local authorities.
One of the customers, Chas Leung, Business Support Analyst at Home Group shared his experience of using the tool and how it is helping the organisation develop rent comparison and affordability assessment processes.