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3 ways to maximise your portfolio energy performance

3 ways to maximise your portfolio energy performance

 

portfolio energy performance

Portfolio energy performance will soon be coming back in the news as 2018 heralds the dawn of a brave new Minimum Energy Performance Standard (MEPS). It effectively means 31% of the built environment becomes unlawful to buy, sell, rent of lease. That’s 1 in every 3 buildings. Imagine that for a moment: 85% of the office space in London is rented. That means tens of thousands of companies becoming homeless, were this legislation enforced in its current outline. Common sense says the legislation will be watered down, pushed back and diluted. This is inevitable as it is impossible to enforce and police. However, its objectives and ethos are solid and admirable, in principle. Improving buildings, making them more efficient means they become more desirable to rent and own. Desirability drives  price and value up. When buildings cost less to operate, their Per sqM-rental incomes can be increased.

The challenge for you as the portfolio owner or manager is one of optimising budget: Where do you start? Whom do you trust? Is there low hanging fruit or quick wins out there? What technology exists than can help?

Another consideration is data. What do you really know about your buildings? Would you bet your mortgage that whatever you know is actually accurate? The stakes are high.

Portfolio Energy Performance: Circumventing legislation?

As a company, we have been surveying buildings for 15 years using infrared technology to detect defects and quantify energy loss and we have yet to find a building anywhere in the country that matches up to the drawings and specification intended at its birth. Change of usage, extensions, refurbishments, dilapidations, cowboy buildings, adhoc maintenance, all contribute to a portfolio dataset that is far from perfect. Add in trying to meet legislative compliance on a shoestring budget and the whole thing goes pear-shaped very quickly.

Take for example EPC legislation, now almost 10 years old, meaning the early ones need re-doing next year, just like MEPS, its intention is solid and admirable. The implementation and adoption however has been less than perfect.

A client once pointed out a multi-storey office block he owned: 1960’s construction, precast panels, single glazed aluminium windows, asphalt roof with no insulation and the original HVAC system from the late 60’s. Located in a city centre, it was fully occupied with tenants. £250 bought him an EPC that said the building was C-rated. The client asked me: “what would you do in my shoes? Tell every tenant to move out for a year whilst I get the roof, walls and windows and heating system upgraded, or turn a blind eye?”. I pass the building regularly and I can tell you a few years on since that conversation, the building looks exactly the same and it remains full of tenants.

Under MEPS that bury-your-head-in-the-sand approach is dangerous. If there is finance in place to pay for the building – commercial mortgages for example – the bank reserves the right to review that mortgage every two years and are within their rights to withdraw any outstanding monies with just 7 days notice. It would be best then to mitigate that risk.

3 ways you can  maximise your property portfolio energy performance

1. Understand its true condition

Get your data licked into shape and see opportunities arise that may surprise you. Poor data means a poor understanding of the challenge ahead and leaves you exposed. It’s just too dangerous to contemplate. We have already written extensively on the subject of enhancing property portfolio starting with data collection.

2. Leverage any and all available funding to retrofit

Fast forward to a future where your data is full and accurate. Now you can simulate savings, programme works, tender work packages, manage their implementation and see the savings from your efforts. Managing the retrofit of course means revenue for the managing agent or surveying practice, but the portfolio owner will love you for it. You are reducing risk, being professional and optimising his budget. Contractors will love you as you reduce their cost of sale and you tell them exactly what you want and need. That saving to them ought to be passed onto you.

There is plenty of funding out there for retrofits. ESCO companies will 100% fund retrofits that deliver results at no CAPEX to you. Walls, windows, roofs, lighting, draft proofing, insulation – you name it, funding is easily secured if the business case stacks up. Organisations like the Carbon Trust and Energy Saving Trust have interest free money available to fund measures – you simply need to ask.

3. Constantly invest in the fabric

This sounds rather obvious, but building fabric degrades. Refurbishments have been an integral part of portfolio management since buildings have been erected.

Roofs are notoriously defectuous and won’t last for ever. You need to set aside money to patch and repair when the roof reaches the end of its life expectancy and budget for a total replacement. Ignore this reality and you will be faced with years of leaks, inefficiency, tenant complaints and stained ceiling tiles. Maybe tomorrows’ building will be owed by the manufacturers who will simply lease the fabric, replacing these buildings every 25 years and bearing the maintenance costs along the way. Until that day, it’s important to understand the value of a solid maintenance schedule and refurbishment programme.

Silicone seals around windows only last about 10 years, ignore this fact and water will find its way through and into the fabric, perhaps invisibly for years. Sooner or later someone will spot a damp patch somewhere and you will end up chasing it for years before rectifying the cause. Several thousands of pounds spent where only a fraction could have been spent as a preventative measure.

Invest today to save tomorrow.

Happy building = happy tenants = happy owner= happy cash flow for all.

 

What is best practice then in this cash-strapped, modern, post credit-crunch, Brexit’d devolved country of ours? Traditional surveying techniques may help and a fast emerging technology such as infrared or IRT, will definitely see problems the naked eye can’t. Huge portfolios can be assessed very cost effectively these days. Once data is captured, cloud based software can crunch the numbers, backfill the blanks in the assumptions, validate the data and enable rapid low cost simulations.

The internet of things will only improve this industry. Buildings will contact you and ask for help themselves. This already happens in aviation today. RollsRoyce engines talk to a central database and report health issues to an unmanned database. The software arranges an engineer, co-ordinates with a warehouse and ensure the right part is at the right airport on time to service that engine efficiently. Buildings will go the same way. It’s as inevitable as it is exciting.

Are you managing buildings, as a portfolio or facilities or estates manager? Are you concerned by the forthcoming MEPS and need to take action? Contact us today to discuss your challenges and hear how we can help you.

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What are the challenges in the Real Estate Management profession?

What are the challenges in the Real Estate Management profession?

Real Estate Management

 

Real Estate Management profession covers a wide range of roles in many different sizes of organisations, in the public, private and voluntary sectors. Like any other profession, it faces many challenges.

Real Estate Management: asking the challenge question

We held a very successful webinar at the end of September on The Future of Building Asset Management which gathered speakers from RICS, BBA, OVO Energy and South Yorkshire Housing Association. More than 100 people registered for the event, coming mainly from the building surveying sector, local authorities and housing associations.

We were keen to understand their challenges so that we can help them overcome them. When registering, they had to answer a simple question:

“What challenges do you face in your profession?”

 

Real Estate Management: answers to the challenge question

Luckily the webinar participants agreed to answer. Knowing that their answers would remain anonymous, they provided candid and honest comments.  These were collated, de-duplicated, and classified in themes.

Challenges clearly lie around data, internal and external relationships with interested parties, time management, understanding and meeting clients’ requirements, compliance in an evolving legislative and technological environment, costs and finances.

Interestingly the practical elements of managing buildings and their fabric was the least mentioned.

Real Estate Management challenge: Data

Collecting robust and consistent data.
Access to good building information.
Accurate data.
Access to comparable data.

Real Estate Management challenge: Internal and external relationships with interested parties

Dealing with contractors.
Local authorities’ representatives.
Managing lifecycle works against hard facilities management services.
Managing a portfolio that is administered by all sorts of departments under one roof.
Making decisions affecting the course of project it would take.
Interdepartmental Communication and Planning.
Conflicting pressures.

Real Estate Management challenge: Time and time management

Real Estate Management challenge: Understanding and meeting clients’ requirements

Knowing what the client’s risks are.
To offer clients value for money in the changing economic environment.
Engagement.

Real Estate Management challenge: Compliance in an evolving legislative and technological environment

Shifting legislation.
Compliance.
An ever changing market.
Need to understand latest technology for asset management.
Converting theory into something tangible.
Improve my general knowledge in the building survey industry.
Knowledge.
Overcoming technical challenges.

Real Estate Management challenge: Costs and finances

Cost.
Finances.
Finding funding for organisation.
Reduced team size.
Delivering sustainable and manageable income stream for surveying team.
Market failure in terms of price signals to attributing value to sustainable property assets.

Real Estate Management challenge: Managing the fabric of buildings

Ageing Buildings.
Water Ingress.
The diversity of cases.

It is not our intention to provide an answer to all these challenges, as some of them are outside our control. Our technology, teamed with intuitive bespoke software however may be able to alleviate the severity of these challenges so that you work in a much less stressful condition.

Do you face similar challenges? Or do you experience others that are not listed above? We are keen to know.

Contact us to discuss.

Register for our next webinar on Tuesday 29 November at 1 pm: Miranda Plowden, South Yorkshire Housing Association Business Development Director, shares her views and experience of managing building assets. For full details and to register, click on the button below.

Register for webinar.
5 good reasons to say NO to a housing stock condition survey

5 good reasons to say NO to a housing stock condition survey

Housing Stock Survey

We have written at length as to why, as a housing portfolio manager or energy manager for a social or affordable housing provider, you should consider commissioning a housing stock condition survey and how to do it.

Still, you may have doubts about the value of such surveying and wonder whether you should be even interested.

Here we give you 5 good reasons why you should NOT bother with a condition survey of your housing stock.

1. You are confident your current dataset is accurate.

You have taken the time to get your house in order – so to speak.

The houses you manage were built recently and came to you data-rich.

Maybe you have already commissioned a housing stock condition survey in recent months and have all the data you need.

You have inherited a good quality dataset of the houses that are now under your responsibility after a recent merger, asset purchase or transfer.

You operate a tight ship whereby you understand the value of an accurate data to support investment-grade decisions, and therefore insist on the right data being collected, collated and analysed before making the investment. This access to accurate data and control of your assets allows you to be confident in your spending for a good return on investment. You implicitly trust this information and have it at your fingertips.

Say NO to a housing stock condition survey as your excellent data set speaks for itself and tell you what you need to do to fulfil your energy efficiency agenda.

2. Your budget is generous enough that you can afford to spend.

You are in an envious position to have a healthy budget for retrofit and refurbishment. As long as this budget is spent by the end of the financial year, then return on investment isn’t a concern for you.

This means that you may decide on your refurbishment based on what is ‘fashionable’ at the time: insulation, boilers, double glazing, etc. It is not a matter of “what can we afford which will return the highest dividends?”, but “what can we  spend the money on? what can be done next?”

Say NO to a housing stock condition survey as justifying the expenditure on a specific retrofit is not a priority.

3. You don’t have time to obtain funding from a utility company.

Utility companies may be able to help you with funding whole or part of your next refurbishment. In order to consider your request, they need to know some key information about your housing portfolio, information that you don’t have and are not likely to have in the near future.

It is better to miss out on some funding rather than taking the time to understand what your stock needs.  Time is always of the essence. You want to get on with the job, and approaching utility companies for funding will be a delay in the proceedings.

Or it could be that, to come back to Reason 2 above, as your budget is generous, then you don’t approach these companies because you have money to spend.

Say NO to a housing stock condition survey as time is already in short supply. Commissioning a survey and negotiating funding will only delay your refurbishment project.

 4. You trust your current supply chain.

You have selected your current supply chain (consultants, software, contractors, materials etc)  by conducting a thorough procurement process which absorbed all your energy and time for a while, and you are confident you have the suppliers who best fit your requirements for the time being.

Or you simply have built a great network of supply companies who you inherently trust and you hope they will be there for a while longer.

You sleep at night knowing that your supply chain is working for the benefit of your portfolio and tenants.

You don’t see the need to change your suppliers or investigate what else is available on the market that you may be missing on.

Say NO to a housing stock condition survey because your current suppliers know what your future needs are and will keep you informed of the latest innovation on the market.

5. Your tenants are happy, they never complain.

You know you are looking after your tenants and their rented property well because they haven’t reported any issues with damp, mould growth, condensation etc. Your ‘Complaints Inbox’ is empty for problems related to the fabric of the houses.

This is probably because your maintenance schedule was well thought-out and resourced and is on target, even nearing completion.

Or your housing stock is of outstanding quality, relatively new and repairs are not (yet) needed.

Say NO to a housing stock conditionsurvey because your repair and maintenance programme is fulfilling its objectives and you are already thinking of the next tranche of improvements.

 

If all the above 5 reasons are true for you, indeed you are a very astute portfolio manager and most would envy your position.  Indeed, you don’t need a housing stock condition survey, you are in control of the situation, you have access to good quality data allowing you to make the right decisions and get things done.

We live however in an ever changing landscape of legislation, energy pricing and increasing uncertainty. Feed in tariff, Green Deal, CERT, CESP, EU, all this has changed and continues to evolve.

Best practice would suggest the only way forward is to keep you data as accurate as you can, keep learning about what technology is coming along that can help you, keep talking to your peers and assume that everything you know will change tomorrow.

Are you in this fortunate position? If so, we would love to hear how you got there. Do contact us to tell us how you achieved this so that we can share with our clients.

If not, you do need a housing stock condition survey. It will help you achieve your energy efficiency agenda, whilst make sure you are spending wisely the budget you have, even increase the funds available and have your tenants contacting you only to thank you.

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Energy Efficiency Technology to Make Informed Decisions

Energy Efficiency Technology to Make Informed Decisions

Energy Efficiency Technology

 

True innovation is key in the UK’s push for energy efficiency. In a climate (forgive the pun!) in which all social and affordable housing providers and building portfolio managers are challenged by increasingly strict energy legislation and nationwide belt tightening, a ‘game changer’ capable of benefiting all is needed now more than ever.

 

Energy Efficiency Technology: Infrared Thermal Imaging

The ability to accurately quantify energy loss is seen as the one of the most significant technological advances of recent times. The marketplace is more used to time consuming, expensive and potentially destructive traditional survey methods and to see energy products being pushed through local or national initiatives such as insulation, double or triple glazing, boilers, etc.

The use of infrared thermal imaging is well established for defect detection. Where it comes to its own is when the resulting images are analysed and quantified to bring energy loss to life and establish what energy and housing stock managers must do to make the buildings and homes of their tenants more efficient.

The highly visual results not only quantify energy loss but also help prioritise refurbishment programmes by providing a concrete ROI on the specific options that could be implemented.
Universities, colleges, airports, hospitals, cinemas, office blocks, police stations and shopping centres have all benefitted from IRT surveys’ infrared thermal imaging and quantified reports. Building owners and managers have been able to identify the best methods to deliver value enhancement across their portfolio and ensure their buildings are equipped for the future.

Over 250,000 social houses have also been surveyed, allowing landlords to decide upon the best methods for refurbishment and, in some cases, the most appropriate government schemes to take advantage of.

Energy Efficiency Technology: Software at Your Fingertips

Combining infrared data with energy efficiency options on its proprietary software, IRT surveys has developed a suite of digital products to make it easier for housing associations, local authorities and built asset management companies to get a handle on energy efficiency.

  • The Carbon Dashboard, aimed at built asset management companies, is an interactive online dynamic energy simulation tool that enables them to upload their images and experiment in real time with how changes to their building fabric would impact their energy efficiency. By gathering essential data on actual building performance in-use, clients can begin to understand the value of energy savings with an accuracy that simply cannot be achieved with other methods.
  • The House Survey is an online tool for housing associations and local authorities to make informed decisions on the their housing stock retrofit whilst leveraging much needed grant funding for it. At the discretion of landlords, it also has the advantage of being made available to the tenants whose house has been surveyed.

The one common denominator for both software is the easy identification of the most appropriate measures to implement for lowering carbon emissions, significantly reducing energy bills  and wisely refurbishing properties.

Whilst continuing to serve the UK with much needed infrared thermal imaging services, IRT surveys is also continually developing software for housing associations and local authorities. The launch of DREam is imminent. DREam is a unique software manipulating and evaluating housing stock data to make continuous suggestions as to how best to improve the energy rating, meet legal obligations, mitigate risk, leverage funding and improve building assets. You can find out more about DREam on our dedicated website http://irtdream.co.uk.

Energy Efficiency Technology: Making the Digital Case for Housing Associations

A recent blog by HACT however highlighted the perceived difficulty for housing associations to embrace technology.

Departing HACT CEO Matt Leach suggests that “The UK housing sector is stuck in a technology rut […] There is an urgent need to reinvent business models, levering the full potential of new technologies, advanced data analytics and new digitally enabled ways of working.”
He carries on in a series of blogs to detail the technological failings of the sector and makes suggestions as to how to address them.

Most Housing Associations were created to manage housing stocks previously run by local authorities. A transfer of employees from local authorities to housing associations duly accompanied the move. Traditionally local authorities were very much technology-adverse. The first question they would always asked was “what other public authority have used this software? We need to find out what they think of it”. Minimising the risk and investing with caution were key factors in the decision-making when it came to technology.

Whilst this thinking has now moved on in local authorities as technology has been proven in other sectors and budget-cuts means that efficiency is the name of the game, it has not necessarily been the case in housing associations. They need to know that their investments are future-proof, is already in use in another housing association who bore the risks and pitfalls, thus overlooking at their peril the advantages that the technology can bring and lagging behind those early adopters.

Our software has been used extensively both in the private and public sectors, with particular success with housing providers in local authorities such as Aberdeen City and Fife and housing associations like Yarlington Housing Group. We are now in advanced discussion with many housing providers who are keen to curb the trend for being technology-adverse.

This is great to see. For us working with like-minded clients is a bonus and a delight. They get it right away and can picture what the use of software will bring to their organisation. For a recent webinar, we asked participants at registration what challenges they face. Their answers cover a wide range of topics: data, internal and external relationships with interested parties, time management, understanding and meeting clients’ requirements, compliance in an ever-evolving legislative and technological environment, costs and finances.

Our software addresses many, if not all, of these challenges. Ease of use has been at the forefront of our thinking, as we know that complicated software and over-technical solutions discourage engagement and adoption by end users.

Energy Efficiency Technology: It is For YOU.

What is preventing you and your organisation from using technology to become more energy-efficient? If you have had enough of manipulating complicated Excel spreadsheets that do not expose any insightful conclusion, then we need to talk.

If the latest initiative-driven refurbishment has not yielded the savings or delivered the benefits expected, then we need to talk.

Drop us a line, or pick up the phone. We will be happy to share our expertise and help you on your way to time- and energy-saving data-driven decisions.

Get in touch today
Unveil the office secrets before office relocation

Unveil the office secrets before office relocation

office-image--irt-visual office secrets

Are you thinking of relocating your business premises? Put yourself in the shoes of our client and learn from their experience:

Years have been good for your business. You started off small, maybe in a room in your house, the garden shed or at a desk in a co-working environment. You had hit on a very profitable idea and your business grew over the months. So much so, that you had to take on staff.  It was not practical to get them to trail through your house to get to work or maybe there were no more desks available at your co-working office.  You had to relocate.

Reasons for office relocation

When it came to choosing your ideal new location, there were many reasons driving your decision. Do any of these resonate with yours:

  • Cost of the rent;
  • Easy access to road or rail system;
  • A city-centre location;
  • A modern building;
  • Energy efficiency credentials;
  • Proximity to other businesses, maybe closely related to your own;
  • Offer of a grant for that particular location;
  • Spatial orientation;
  • Flexibility of the space with potential for further staff to be taken on or sub-rent part of it.

There is an array of reasons why you choose that new office. Our client had decided to go for a city-centre location, a newly-built office block, which stood close to all transport networks. It was a big office that could comfortably  accommodate people, complied with all the latest accessibility requirements. It was a bright office, bathed in sun shine all day long. Perfect! The visit to the empty premises went without a glitch. They could foresee being there for several years. It was really going to be a great place to work from: modern and bright.

The 5-year lease was duly signed off. Furniture and office paraphernalia was purchased. Staff recruited and moved in, happy to be in a modern environment, close to shops for their lunch time walk. You were ready for another successful chapter of your growing business.

The startling reality of office relocation

Within a few weeks it became clear that not all was well in the gleaming tower. Staff reported feeling the chill at sunset, storage heaters were just too small for the wide open-plan space. The lack of window blinds and glaring sun created problems with workstations location and working comfort.

Then condensation appeared on the windows. When the beaming sunshine was replaced by relentless rain, water ingress at the windows became a joke with plastic cups neatly arranged on the window sill to catch the drips. With no sun, there was definitely a chill in the air. None of that was spotted during that pre-lease-signing visit.

Meantime the landlord was ignoring his tenant’s problems. Phone calls and emails were exchanged with little hope of resolution.  Apart from the plastic cups, there was nothing visible to prove to the landlord that the office was substandard. Despite paying rent on time every month, our client was continually rebuffed in their claim.

Unveiling the hidden office secrets

It did not take long to arrange for a full infrared thermal (IRT) survey of external  elevation of the office block and internal elevations of the office. What it revealed was staggering:

  • Poorly installed windows;
  • Water ingress at each window, with damp permeating through the fabric of the building from floor to ceiling;
  • Poor insulation;
  • Uncomfortable drafts.

The office block had been built only a few years back, to the latest building and architectural specification. Still, the IRT survey revealed multiple problems, completely invisible to the naked eye, linked to poor workmanship and a “built-to-budget” specification.

It was no wonder that staff were feeling cold, heaters could not cope with the damp and there was a concern that environmental credentials were being thrown out of the windows as the heating was in full blast all day to little effect.

Benefits of unveiling the office secrets

Within weeks of demonstrating to the landlord where the problems were and providing impartial evidence, our client saw the windows being repaired at the landlord’s expense who then claimed it back via the building contractor’s 10 year-guarantee.

The benefits of getting the IRT survey done far outweighed its small expense: the tenant was now happy that he was providing his staff with a warmer, energy efficient office. Staff were much more comfortable in their environment and the complaints about the chilly air stopped. The building owner sighed with relief as his tenant was staying put. The building contractor learnt his lesson the hard way that he will have to monitor his sub contractors more closely in future.

Much despair and frustration could have been avoided. A phone call to arrange an IRT survey prior to the lease being signed would have unveiled the energy secrets of the office and our client would have walked away from a deal.

What are YOUR office secrets?

If you are sitting in the office reading this, are you fed up of your staff moaning about the cold despite the heating being on? Have you noticed condensation at the windows, accepting this reality by assuming that the building is simply ageing? Are there any other visual signs that prove that building defects are at work, such as the paint flaking away, expanding water stains on the ceiling tiles?

How long will you put up with all this, and still pay the rent without complaining? Be an attentive employer as well as a shrewd tenant and get your offices surveyed with IRT technology. An internal IRT survey is done in situ, during day time, with the heating on. Your staff does not need to stop working or be moved.

As your tenancy agreement is coming to an end, are you considering moving premises? Maybe you are even thinking of purchasing a small office block? What will you NOT see during the pre-lease-signing or pre-purchase-agreement-signing visits to new-to-you offices?

Don’t let the perfect visual aspect of an office block cloud your judgement. Make sure you know the secrets that your new office could be hiding.

Are you an unscrupulous landlord, ready to rent energy-inefficient offices out to unsuspecting tenants? We don’t think so either. Protect your investment and be confident of the quality of your offices by commissioning an IRT survey and making the necessary repairs before offering it to the market.  You will be able to provide evidence to your tenants that all is well. Who knows, you may even increase the rentability of the premises.

Time to find out what your office secrets are before relocation

Whether you are about to rent or purchase an office block, get in touch with us to unveil the office secrets and make sure the building you are looking at is energy efficient so that you don’t throw money out of its windows whilst getting the most of your investment.

Get in touch


Office secrets linkedin We posted the ‘visual’ image of the office in question on LinkedIn, asking what was wrong with it.

We were astounded by the number of views and comments received. All covered various aspects of the physical and visible aspects of the office, potential health and safety issues, offering advice on lighting, waste management, etc, many based on assumptions.  No building defect was mentioned because those are invisible to the naked eye. You can’t see energy loss caused by building defects just by looking at a building. You need IRT technology.

Thank you to all who commented though. We were fascinated by what people thought they could “see”.

IRT Surveys announces sponsorship of junior rugby team

IRT Surveys announces sponsorship of junior rugby team

Leading UK infrared company announces sponsorship of local junior rugby team

Sponsorship junior rugby teamIRT surveys is proud to announce the sponsorship of the junior team of Old Richians RFC in Gloucester. It covers the costs of the kits for the next 2 years for the 20 children who form the squad.

It did not take much for Regional Manager Richard Lloyd to be convinced to sponsor the team of youngsters “We are delighted to be helping a local club and encouraging youngsters to be active. When we see the professional players on TV particularly at the time of the Six Nations, we forget that they started young at their local club. Without sponsorship, local clubs can struggle. Helping them along financially is a simple way for us to support the community we work in. The fact that my son coaches the team and my grandson plays in it also influenced my decision of course.“

Team Manager Robert Lloyd added “Sponsorship for us is vital. Without it we would have to ask parents to pay for the kits. Some may not be able to afford it and that would prevent the children to take part. This sponsorship deal will provide for everything the budding rugby players need. With an excellence public attendance at the matches, it is good publicity for local companies too.”

 

About IRT surveys:

IRT surveys ltd is the UK leading infrared thermal imaging company with franchises across the UK, with Richard Lloyd being the owner of South Midlands franchise. An award-winning and market leading energy performance assessment company using infrared thermal imaging capabilities, providing professional, impartial advice to building professionals, housing managers and portfolio owners. They help asset and energy managers maximise their investment, make informed decisions and take appropriate action on property refurbishment.

Head Office 0845 519 3474

Richard Lloyd 07469 871249

www.irtsurveys.co.uk

 

About Old Richians RFC

Old Richians RFC was founded in 1950 and is the old boys club of Sir Thomas Rich’s Grammar School, Gloucester. The 1st XV compete in the Gloucester Premier League as well as regional and local Knockout competitions. The 2nd and 3rd XV, play regular ‘friendly’ fixtures & Citizen Merit Table League games with sides throughout the county and beyond to add to the cup competitions.

The club has its own pitches giving the teams 3 main pitches & a training area with training lights. Over the years Richians have developed a junior section the envy of many clubs and have fixtures with major club sides throughout the U.K. Our Under 15’s, 17’s & Colts have all been County Champions on many occasions. In 1995, 5 junior players were placed under contract by Gloucester RFC with the advent of the professional era, and many of the juniors have made the Gloucester Academy Set Up.

The club currently runs 3 senior sides plus the Rhino’s a veterans Xv. Mini & Junior rugby are run at Under 8s to Under 17s plus Colts.

www.pitchero.com/clubs/oldrichiansrfc

Why you must attend CPD sessions

Why you must attend CPD sessions

Delivery of CPD session

The sole purpose of Continuous Professional Development or CPD is to ensure professionals remain exactly that – professional.

Before answering the question “Why you must attend CPD”, we look at what CPD is, its purpose and its format.

CPD – Definition

According to The Business Dictionary, The definition of professional is –

“A person formally certified by a professional body of belonging to a specific profession by virtue of having completed a required course of studies and/or practice. And whose competence can usually be measured against an established set of standards”.

Purpose of CPD

The purpose of CPD is to help keep professionals up to date with technological advances, procedures or legislative and regulatory changes that impact upon their profession. For example, you wouldn’t want to undergo surgery  if the surgeon couldn’t be bothered keeping themselves up to date with the latest techniques and instrumentation. Scary thought!

It is also about training, expanding your knowledge and most of all increasing your competency so that you can offer your clients the best advice or service and they can be reassured that they are spending their money wisely with you.

Many professions require CPD to be undertaken to retain a particular status often linked to their chartership, eg accountancy, surveying, human resources management, engineering, information management. The list goes on.

Architecture and building surveying are no different. A surveyor who is unaware of how materials interact or an architect who is blissfully unaware of a building that collapsed due to a design flaw is risking their reputation and the lives of those occupying his buildings. It can be that important.
Not all CPDs are created equal of course and whilst some are common for a wide range of professions others are specific to a trade: for example, learning about the latest wallpaper adhesive might not save lives, but maybe it uses non-toxic, recyclable materials that make disposing of it safer for the environment or taking it off again much easier. If you aren’t open minded and listen – you will never know, and you may left behind by your competitors who will be aware of new developments.

Format of CPD

CPD can take many formats. You can attend exhibitions, conferences, workshops, lectures or host events for your team in your office. Professional organisations such as RICS propose day-long CPD session in various cities in the UK.

Companies like ours, IRT surveys, offer free CPD seminars that will enlighten you as regard the technology, advances in software and changes in legislation. A true CPD seminar isn’t a sales pitch from the company providing the service,  but they are provided free of charge, so please give  the provider a healthy round of applause at the end.

Companies that offer free CPD often do it to educate the market about their latest innovations and products, but also to present themselves to you as both market and thought leaders in their field.

Personally, I like face to face CPD in the board/meeting room. One presenter and 10-12 in the audience. It a nice size to present to, people are not intimidated to ask pertinent questions, they don’t feel the peer pressure like they do with 200 in the audience and consequently they ask great questions. Our calendar of CPD events is filling up and sessions are always well attended.

Why you must attend CPD sessions

There are many reasons you should attend a CPD:

  • To keep yourself up to date and relevant.
  • To elevate your company above your competitors.
  • To train your staff, often for free.
  • To mitigate risk from law suits.
  • To maintain your professional status.
  • To exploit your new knowledge to increase revenue.
  • To increase efficiency.

Do you keep putting off your next CPD session? Do you have the intention to attend the next one, but get distracted at the last minute by something that seems more pressing?  Then how can you truly say that you are a professional?

Don’t let your chartered status be at risk. Keep up with your profession, make your services future-proof by attending your next CPD session.

Get one better: organise a session in your office and invite your colleagues and your clients.

We are already looking forward to your phone call to arrange a date and deliver a session on infrared thermal imaging technology, its applications and benefits for building surveying.

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Are you ready for MEPS 2018?

Are you ready for MEPS 2018?

The reality of MEPS 2018 is now well within sight: By April 2018 a landlord of a commercial building or residential property may not be able to rent out a building that falls below the Energy Performance Rating of E.

40% of the world CO2 comes from buildings. In a recent study of Aberdeen Asset Management’s portfolio by WSP, 31% of the buildings were F & G rated. These will become illegal to rent from April 2018 in England and Wales

If there was ever a time to have an in-depth look at the buildings you own or manage, it is now.

How do you know that your buildings are up to standard?

Are you hoping that the MEPS will pass you by?

Or would you prefer to ensure that your porfolio was compliant and energy-efficient so that you can present an honest and true offer to your current and future tenants and prospect buyers?

In a previous post we expand on 3 ways to maximise your property portfolio energy performance:

  1. understand its true condition,
  2. leverage any and all available funding to retrofit,
  3. constantly invest in the fabric.

Today, a survey and evaluation of your whole portfolio is rapid and by choosing your surveyor carefully it can be impartial and solution-independent advice. Switch on your speakers, put the volume up and click on the presentation [on YouTube] below to find out more.

MEPS 2018

 

 

 

 

 

 

Let’s have a no-obligation discussion about your portfolio.

Contact us today