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AssetManagementServices

Orange line-1Why a Robust Asset Management Strategy Matters 

At the foundation of your asset management strategy is the ability to manage housing assets efficiently, responsibly, and sustainably, ensuring they deliver value over the long term.  A robust strategy should cover all key areas from energy and carbon performance to building and fire safety.

Your asset management strategy will:  

  • Enhance the performance and longevity of your assets 
  • Identify potential risks and help create mitigation strategies
  • Improve your organisation’s ability to anticipate and manage future asset-related challenges
  • Reduce the risk of unforeseen costs, delays, or asset failures
  • Build greater confidence with key stakeholders, board members, and regulatory bodies, ensuring continued support for your asset management initiatives 

With the upcoming changes to the Decent Homes Standard, HHSRS, and Awaab's Law, housing providers will face increased pressure to improve stock condition data, invest in decarbonisation, and respond faster to resident feedback. This calls for stronger data analytics, better systems, cross-team collaboration, and reprioritisation of capital investment plans.  

At Pennington Choices, we can support you in building and delivering a robust asset management strategy that strengthens compliance, reduces risk, and delivers long-term value. 

Our people

Orange line-1Developing your
Building Safety Case Report

Our three-stage approach

Stage 1: You and key members of your team will meet and work in collaboration with our experts to fully understand your requirements and set out the full project delivery plan in a terms of reference document.

Stage 2: We will review key documents and data that you have gathered about your building(s), and ask you questions about how you manage your building(s).

Stage 3: The information gathered throughout the process will be collated to help you produce a safety case report for each building.

We can support you with...

•   Developing building safety case reports
•   Development of a mandatory occurrence report procedure and process map 
•   Development of resident engagement strategies
•   Undertaking building safety case report reviews 
•   Facilitating HAZID risk assessment workshops
•   Development of a safety management system document
•   Delivering building safety training 
•   Undertaking a building safety gap analysis

Orange line-1Explore our Asset Management Services  

At Pennington Choices, we support housing providers to: 

  • Develop and maintain comprehensive asset management strategies
  • Collect and manage accurate, up-to-date stock condition and performance data
  • Create long-term, data-driven investment plans
  • Strengthen compliance, sustainability, and resident engagement 

Our asset management experts bring sector knowledge and a practical, tailored approach, ensuring your strategy is compliant and delivers measurable long-term value. 

Asset Management Strategy Development  

Our consultants work with you to develop a tailored asset management strategy using our proven methodology. This includes a strategic review of leadership, governance, and policies, alongside an operational review of processes, data quality, and delivery. This provides a clear position statement, a gap analysis against legislation and best practice, and a practical action plan to strengthen your approach and prepare your organisation for the future. 

Asset Management and Property Compliance Strategy Review  

We carry out a desktop review of your existing asset management and property compliance strategies to assess whether they meet best practice requirements. Each document is reviewed by an experienced consultant, with findings presented in a high-level report. This includes an assurance rating as well as targeted recommendations for improvement. Where gaps are identified, we signpost practical next steps and relevant services to help strengthen your strategies. 

Effective Strategic Asset Management  

We provide end-to-end support to help you manage your housing assets responsibly, efficiently, and sustainably. This includes accurate asset data management, performance monitoring, long-term investment planning, procurement and contract management, and full life cycle oversight. We also support stakeholder and tenant engagement, continuous improvement, and the integration of technology and systems to enable data-driven decision-making. 

 

Stock Condition Data Validation   

We ensure your stock condition data is accurate, consistent, and reliable. This involves a desktop review of previous surveys and reports, identifying discrepancies or gaps, and testing key assumptions such as life cycles and rates against sector best practice and client experience. Having reliable data will underpin effective decision-making, investment planning, and compliance. 

Ask the Experts Podcast

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Exploring the Reformed Decent Homes Standard Consultation

Hear our Head of Consultancy – Assets and Compliance, Jordan Brown, and Head of Survey Services, Ben Davidson, discuss the proposed changes to the Decent Homes Standard. Drawing on their extensive sector expertise, they unpack the changes to each criterion and the introduction of the new damp and mould criterion, highlighting the practical challenges and opportunities these reforms present for organisations across the sector.  

Speak to Jordan Brown   

Upcoming Webinar

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Decent Homes Standard: What the reforms mean for you

The Decent Homes Standard is being reformed, with the proposed changes tabled and the consultation now underway. In this webinar, our panel of experts will discuss their views on the changes and explore how they could reshape responsibilities for housing providers. They will share insights on what the reforms mean in practice and the potential challenges that could arise during the implementation. 

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Speak to an Asset Management expert 

Start your journey, and together we can help you understand and manage your assets with accurate and up-to-date data. Get in touch today for a chat with one of our asset management experts.  

Client Success Stories

Our case study library is a reflection of our work across multiple sectors, where we have supported organisations to manage, maintain, and improve their buildings.

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Native Communities - Building Safety Case Report Development

Native Communities partnered with Pennington Choices for Building Safety Case Report Development, ensuring compliance with the Building Safety Act 2022.

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Berneslai Homes – Building Safety Case Report Development

Read how Pennington Choices supported Berneslai Homes develop their building safety case reports and implement a mandatory occurrence reporting system.

Read More

Asset Management FAQs

What is strategic asset management?  

What is strategic asset management?  

Strategic Asset Management is a long-term approach to managing housing. It’s more than just fixing things; it’s about making smart, planned decisions to get the most value from homes over time. This means keeping them safe, up to standard, and ready for future changes like new regulations, environmental goals, or tenant needs.  

 

What should I include in my Asset Management Strategy?  

What should I include in my Asset Management Strategy?  

Your strategy should include a strategic review covering leadership, governance, policies, and reporting, alongside an operational review of processes and procedures, asset and stock condition data quality, data management, and delivery. 

Why is an Asset Management Strategy important?  

Why is an Asset Management Strategy important?  

Your asset management strategy will enhance the performance and longevity of your assets. By identifying potential risks and creating mitigation strategies, the strategy will improve your organisation’s ability to anticipate and manage future asset related challenges, minimising the risk of unforeseen costs, delays, or asset failures.  

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