A short conversation with Wokingham’s Simon Price (Assistant Director Neighbourhoods and Communities), Harrison Wilks (Rental Income Team Leader) and Angie O’Neill (Income Officer)
Why did Wokingham choose to invest in RentSense? Did you speak to other users?
We invested in RentSense because we could see it was a good product that is used by a lot of landlords across the UK. We wanted to increase collections and reduce arrears and become more efficient, making it easier for officers to carry out their workload. We also wanted additional insight into performance.
What’s your longer term view for arrears performance and targets, in what is a challenging environment?
We agreed a 2% target with tenants by 2024/25, and a number of things have come together to help us move closer to the target. We had a HQN associate visit and that highlighted improvements that could be made, especially around working practices and better use of data.
We are currently on track to meet and maybe even exceed the 2% target. The challenges we will have going forwards will definitely be the cost of living rising rapidly and how we support our tenants with this.
The bottom line is we want to focus on supporting customers so we can reduce arrears and sustain tenancies. The pandemic helped demonstrate that you don’t have to evict and you can collect and support tenants and at the same time reduce arrears.