Over the last 18 months Tamar Housing Society has demonstrated that it can become increasingly efficient and make genuine savings without compromising the service it offers to its residents.

For example, the Society tendered for its insurance services last year, and for the same services was able to make savings of 38 per cent in insurance premiums with another insurance provider. The saving was passed on to residents in the form of more spending on repairs.

The Society is currently in the process of refinancing its treasury loans and hopes to achieve significant savings in the coming year on loan interest payable. This will help us in funding some of our future development plans.

The Society is continually committed to achieving value for money for its residents, and over the coming months, the Society will be conducting value for money reviews of all of its services.

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