Our finances
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The Trust is a registered Social Landlord and a non-profit making organisation.
We receive money in a variety of ways as follows:
- From rents and service charges
- From Right to Buy and property sales
- Rents from garage, shared ownership and business rents
- Leaseholder income
- Other income
We spend our money on:
- Maintenance, repairs and improvements
- Management and services
- Interest and charges
- New developments
- Rent losses from bad debts
- Depreciation and impairment of housing properties and other fixed assets