Registered providers (RPs) should never underestimate the importance of accurate data and robust record-keeping - especially when it comes to managing Asset and Liability Registers (ALRs). These registers evolve over time through acquisitions, mergers, developments, and property charging transactions. They must remain current and comprehensive.

The Regulator of Social Housing is clear: ALRs must be accurate and up to date. They should identify unencumbered assets and include title information, such as restrictions, to support informed decision-making and effective risk management. Fortunately, property title registers already contain much of this essential data.

Maintaining a robust ALR is not only a regulatory requirement, it also delivers significant operational benefits. When done properly, it supports broader business functions, including financial planning and risk mitigation. Here are several key areas where a well-maintained ALR proves its value:

• Title structure: Clearly identifies title numbers, tenure, and charge information.
• Property ownership: Highlights discrepancies, such as properties not transferred during an LSVT, merger or acquisition, or those managed but not owned.
• Property charging: Distinguishes between charged and unencumbered properties, aiding financial planning and identifying title issues that may affect charging.
• Stock disposals, mergers, or acquisitions: Flags title restrictions and identifies properties that are charged and may require release.
• Property management: Identifies leasehold titles nearing expiry and clarifies insurance responsibilities (e.g., whether the landlord insures).
• Development opportunities: Reveals land already owned that may be suitable for redevelopment, negating land acquisition costs.
• Energy performance certificates (EPCs): Tracks EPC ratings across the property portfolio.

If you would like to discuss how to strengthen your ALRs or explore how we can support your wider strategic goals, please contact me.