What do is meant by the term new lets?
‘New let’ is when a building has been newly acquired or built and is ready to be let. Q: Calendar days taken to let lettable units – a lot of our stock is currently incorporated within renewal areas and are therefore undergoing major refurbishment. In most cases this involves gutting the property. Consequently several of these properties have been void for a few years. This will obviously adversely affect our performance, the argument being that they are not lettable whilst awaiting the works and also when the work is underway. As they are not lettable and have been decommissioned for a while can they be excluded from this pi until the property has been returned from the contractor? A: These properties should be included in the indicator as the indicator is measuring the length of time taken to let properties. Properties that are empty due to major repairs has a negative impact on the authorities ability to accommodate people in housing need. HLS/010 Completion of repairs Q: If an emer
