Housing associations covering more than half of all housing association stock have signed up to a pilot of pioneering efficiency metrics being developed by the sector.

More than 240 housing providers have pledged to take part in a pilot scheme of the ‘Sector Scorecard’, which is designed to establish a recognised set of benchmarking criteria for the sector.

Over the next year, these providers, which jointly own more than 1.5 million homes, will record data against 15 different criteria to provide a benchmarking service.

We understand the HCA is considering the pottential to scrap VFM statements and is looking closely at progress wiht the scorecard