Welcome to our RSL blog.
We will be posting periodic articles on issues affecting the Social Housing Sector.
We hope you will find it useful and we would encourage comments and feedback.
Alexander Sloan
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About Alexander Sloan
Alexander Sloan, Chartered Accountants and Business Advisers, was established in 1867 and since then we have been offering a personalised accountancy service to individuals, partnerships, companies and not for profit organisations.
We work in partnership with our clients, understanding their specific needs and creating a tailored service, backed by current technical expertise. We work across a wide range of sectors from farming to manufacturing, and through integrating our resources from audit, tax and financial services we can provide you with the comprehensive service you need.
Would be nice to know if the 3/10 who found it worthwhile is indeed the proportion. If so, what is the useful information they got from this exercise.
There were no comments on why people found the exercise worthwhile. I can only presume that the exercise resulted in an uplift the book value of housing properties which in turn helped with regards to covenant compliance and similar. I am surprised that the amount in that category is as much as 30% though. The sample is 60 RSLs so it is pretty large.