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What is ‘value for money’?

Learning about value for money

What does value for money mean?

By its simplest definition, 'value for money' is a way of measuring the cost of something against the quality or benefit of that thing.

It's something we all do in our day-to-day lives. For example, you might weigh up between two brands in the supermarket to decide which one will be the best balance of price and quality.

Selwood Housing uses our value for money strategy to plan out how best to balance our costs to provide the best quality service we can.

How did we involve customers?

Back in October we invited four customers to meet Mark Mayler, our finance director, to learn all about value for money and why it is important for Selwood Housing and for you, our customers.

It gave them a chance to understand some of the important decisions we must make when running our business as well as some of the challenges we face.

Why we ran this session

We ran this session and other previous learning events like our 'We are all Selwood Housing' course to equip our customers with better knowledge of how Selwood Housing works.

The more knowledgeable you are, the better equipped you are to help us shape and improve our services.

What was the outcome of this session?

We received some great feedback and as a result. In the future, we will look at how we can share how we are performing and how we compare to other housing providers.

Thank you to all of our customers who took part and made a difference.

I'd like to learn more!

If you'd like to learn more about value for money, you can read our full value for money strategy document.

Get in touch

If you have any questions about the programme, or to find out about ways to get involved, contact our involvement team.

Email: makeadifference@selwoodhousing.com
Tel: 01225 715715

Can't find what you're looking for?

If you can't find what you're looking for please contact us at info@selwoodhousing.com

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14 hours ago
Selwood Housing

🏡🌱 We want to ensure that everything we do has a positive impact now and in the future!
Which is why why we publish an environmental, social and governance (ESG) report each year. The report shows how we're doing on a range of areas including building safety and quality, affordability, resident support, environmental impact, support for our communities and staff wellbeing.
👉 Find out more and read the latest report on our website: ecs.page.link/BjXdR
... See MoreSee Less

🏡🌱 We want to ensure that everything we do has a positive impact now and in the future! 
Which is why why we publish an environmental, social and governance (ESG) report each year. The report shows how were doing on a range of areas including building safety and quality, affordability, resident support, environmental impact, support for our communities and staff wellbeing. 
👉 Find out more and read the latest report on our website: https://ecs.page.link/BjXdR
4 days ago
Selwood Housing

🏡🛠 Is something in your home in need of repair? It may be that you're able to quickly carry out the repair yourself. Head to our repairs tips and advice pages to find lots of articles on repairs and improvements you can make in your home: ecs.page.link/8v1nj ... See MoreSee Less

🏡🛠 Is something in your home in need of repair? It may be that youre able to quickly carry out the repair yourself. Head to our repairs tips and advice pages to find lots of articles on repairs and improvements you can make in your home: https://ecs.page.link/8v1nj
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Selwood Housing

🏡 It's #sharedownershipweek ! 🏡

If you want to find out more about shared ownership as way of getting onto the property ladder, visit our website: ecs.page.link/AFgah

You can also stay up to date with available properties and all the latest from our home ownership team on our Selwood Sales page!
... See MoreSee Less

🏡 Its #SharedOwnershipWeek ! 🏡

If you want to find out more about shared ownership as way of getting onto the property ladder, visit our website: https://ecs.page.link/AFgah 

You can also stay up to date with available properties and all the latest from our home ownership team on our Selwood Sales page!
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