Our financial position
- Our audited Financial Statements provide full details of our income, expenditure and financial position.
- Alongside our Annual Report and Financial Statements, we publish a breakdown of
Rents
- Each year we review the rents we charge. We write to all residents to confirm the impact on your rent payments and publish information, including on support available to help with paying your rent.
Procurement and contract management
- Value for Money is a fundamental theme of our Business Strategy. Effective procurement and contract management is a key part of this– as outlined in our
- We publish a list of key contractors and suppliers with a contact value of over £5k.
Merger related costs
On 31 March 2026, South Lakes Housing successfully completed a merger with Lune Valley Rural Housing Association (LVRHA) through a Transfer of Engagements process. The merger brought together two organisations with closely aligned values and a shared commitment to providing high-quality affordable housing and services to residents.
As part of the merger, South Lakes Housing acquired 118 affordable rent and social rented homes across the Lune Valley and Lancaster area, strengthening our presence in the region and increasing our capacity to invest in existing homes and develop new affordable housing in the future.
The merger was supported by extensive due diligence, resident consultation, lender approval and engagement with the Regulator of Social Housing. It will deliver operational efficiencies, strengthen long-term financial resilience and enable greater investment in homes and communities across our operating area. The combined organisation remains committed to providing safe, good quality homes, excellent customer service and opportunities for residents to influence the services they receive.
South Lakes Housing welcomes former LVRHA residents to the organisation and looks forward to building on LVRHA’s strong legacy of providing affordable housing within rural communities.
The related transaction cost for the merger £50k. The financial statement recognise a credit of £6M as a gain from the acquisition.
Building safety and compliance
We maintain and monitor property health and safety compliance in line with legal and regulatory requirements. This includes maintaining registers, documentation and evidence and covers the following areas of compliance:
Copies of assessments for your home are available upon request.
Property condition and suitability
We monitor, manage and report on the condition of homes and associated works including planned maintenance, stock condition surveys, damp & mould case management, home adaptations and accessibility improvements.
Information is summarised within our published reports and performance dashboard.