Housing Monthly Diary Archive
Stock Transfers
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January 1998
Transfer News in Brief
England
- Tenants on Basildon DC's Vange Estate voted in favour
(84%) of transferring their 700 homes to Vange Community
Housing, which was destined to become part of the Anglia
Housing Group.
- Bexley LBC took the final decision to transfer its homes
to London and Quadrant HT and Orbit HA. The two
associations had managed the stock for the previous
three-and-a-half years and the transfer committed them to
a rent freeze in real terms for the next 5 years. The
transfer was due to receive final approval from the
Government.
- Cambridge CC announced plans to transfer all of its 8,500
homes to a housing company in the latter quarter of 1999.
The outcome of a feasibility study, carried out for the
Council by consultants HACAS, had been considered by
members. The transfer to a housing company could generate
£21 million in private funding, which would provide a
valuable boost to the stock improvement programmes. A
tenant ballot was programmed for Spring 1999.
- Darlington DCs trickle-transfer programme
progressed, with the completion of a refurbishment
programme to 30 town properties transferred to North
British HA.
- Lewisham LBC announced its intention to consult with
tenants on the possibility of transferring 6,100 homes to
a multi-purpose housing company, Lewisham Community
Homes, to be set up if tenants voted Yes. The plans for
the Company went further than housing management, with
the wider opportunities offered by a full regeneration
programmes being considered. A major motivating factor
for the transfer was the Council's estimated £200
million shortfall on the total needed to introduce
adequate stock improvement programmes.
- Southwark LBC put 65 terraced Victorian homes on the
market, to raise an expected £2 million finance for
improvement programmes on other dwellings. The properties
needed extensive repair work and residents were offered
alternative housing association homes in the area.
February 1998
ERCF Imminent Transfers
A number of further transfers of dwellings from local
authorities were imminent, as a result of successful ballots
under Rounds 1 and 2 of the Government's Estates Renewal
Challenge Fund (ERCF):
- Southwark LBC tenants on the Dawson's Heights Estate in
East Dulwich would transfer their tenancies in March 1998
to the Samuel Lewis Housing Trust. The tenants voted in
September 1997 to transfer to the Trust, generating
£3.35 million in ERCF funding. The Trust would raise a
further £3.3 million from the private sector, to allow
essential repairs for all properties on the estate and
solve ground stabilisation problems.
- Newham LBC tenants on its Stanford-le-Hope Estate in
Thurrock were also due to transfer in March (to the
Samuel Lewis Housing Trust), allowing £4.7 million to be
invested in the estate to provide such improvements as
central heating, double glazing and new bathrooms and
kitchens. This investment included £1.17 million ERCF
funding.
- Tenants of Harlow DC's Berecroft Estate would benefit
from £1.5 million ERCF funding and a further £6 million
from the private sector on their transfer to a new local
housing company, Berecroft Community Housing Limited. The
transfer was supported by tenants in a ballot in October
1997.
February 1998
Transfer News in Brief
England
- The Government gave the go-ahead for the transfer of
8,200 homes from Bexley LBC to two housing associations -
in the north of the Borough, Orbit Bexley HA, and in the
south, London & Quadrant Bexley HA. As part of the
transfer arrangements, tenants were guaranteed that rents
would not increase by more than the rate of inflation
each year for the next 5 years. The transfer would also
allow an accelerated programme of modernisation and
repair work to take place, as well as give tenants a
greater say in the management of their homes. The
transfer was supported by 54% of the 71% of eligible
tenants who voted. The receiving associations agreed to
pay the Council just under £84.5 million to acquire its
stock.
- Dane Housing (Congleton) was the first local housing
company to come into operation and it was due to take
over in March 4,000 homes from Congleton BC, following
support by tenants in October 1997 for the large scale
voluntary transfer of their homes (71% in favour on a
turn-out of 83% of tenants). Dane Housing agreed to pay
the council £32.2 million to acquire the stock.
- The announcement of the Congleton transfer brought the
number of approved LSVTs of local authority stock to 63,
involving more than 252,000 dwellings. These transfers
generated over £4 billion in private finance.
- Hyndburn DC was advised by the Government to continue
planning for the large scale voluntary transfer of its
entire 4,000 homes, despite a negative valuation of the
stock. Hyndburn was one of a number of councils, mainly
in the North and inner-city areas, in the negative equity
trap, which restricted them to only partial transfers
through the Government's Estates Renewal Challenge Fund.
Possible options for change included negative equity
transfers being supported by Government dowry provision,
or a continued revenue subsidy to meet the shortfall.
- Notting Hill HT bought 48 former MoD homes in Barnet from
Annington Homes, which were adjacent to the site of 84
homes previously bought by the Association direct from
the MoD before it sold off its main portfolio of married
quarters.
- Salisbury DC was refused permission to trickle transfer
its void dwellings to a housing association. Current
Government guidelines favour trickle transfers in
selected areas and not on a stock-wide basis. The
Council's 1989 bid for a large scale voluntary transfer
was not supported by tenants.
- The £44 million transfer took place of 673 new homes
from Waltham Forest HAT to the tenant-controlled
association - Waltham Forest CBHA. Over a three year
period, a total of 1,500 homes are to be transferred from
the HAT to the Association.
March 1998
1998/99 Transfer Programme
The Government announced the local authorities that would be
allowed to ballot tenants on proposals for large-scale voluntary
transfers in the coming year. Twenty-three councils were involved
in proposals (subject to tenant ballots) to carry out 28
transfers to registered social landlords, involving over 85,000
dwellings.
Those included in the programme (with maximum numbers of
properties transferring given in brackets) were:
- Alderdale BC (3,899 and 1,002); Bath & North East
Somerset Council (10,200); Birmingham CC (2,643);
Bradford CC (598); East Lindsey DC (5,179); Greenwich LBC
(1,246); Hackney LBC (1,157, 661 and 1,000); Hammersmith
& Fulham LBC (703); Lambeth LBC (681); Liverpool CC
(800); Manchester CC (1,272 and 6,900); Rother DC
(3,180); St Helens BC (789); South Hams DC (3,212); South
Somerset DC (9,133); Tameside MBC (904); Tewkesbury BC
(3,105); Tower Hamlets LBC (2,887 and 2,322); West Devon
BC (1,439); Wirral MBC (1,108); Wokingham BC (3,101);
Worthing BC (2,579); Wrekin DC (13,495).
Seventeen of the transfers would be supported by Estates
Renewal Challenge Funding totalling £208 million.
April 1998
ERCF Transfers Update
A number of stock transfers were completed with help from the
Estates Renewal Challenge Fund (ERCF) programme. The transfers
are shown below with the ERCF amounts given in brackets.
- Basildon DC: Vange Estate - 720 homes transferred to
Vange Community Housing Ltd (£3.27 million).
- Camden LBC: Strawberry Vale Estate - 267 homes
transferred to Peabody Trust (£1.4 million).
- Hackney LBC: Kingsmead Estate - the homes transferred to
Kingsmead Homes (£9 million).
- Harlow DC: Berecroft Estate - 179 homes transferred to
Berecroft Community Housing (£1.5 million).
- Oldham DBC: Limehurst Village Estate - 647 homes
transferred to Limehurst Village Trust (£5.74 million).
- Stoke-on-Trent DC: Bentilee Estate - 935 homes
transferred to Bentilee Community Housing Ltd (£3.48
million).
- Tower Hamlets LBC: 1,800 homes transferred to Poplar
Housing and Regeneration Community Association as part of
a three phase programme (£35 million).
Note: Some of the above transfers were completed
towards the end of March but were not reported in the last
edition of the Housing Monthly Diary.
April 1998
LSVTs Completing
The following Large Scale Voluntary Transfers (LSVT) were
completed recently (without Estates Renewal Challenge Fund
support):
- Congleton BC: 4,200 homes transferred to a new
free-standing local housing company - Dale Housing.
- Kerrier DC: 3,760 homes transferred to a new local
housing company (LHC) - Kerrier Homes.
- West Somerset DC: 1,860 homes transferred to a new local
housing company - Magna West Somerset Housing
Association. This followed a tenant ballot, which saw 62%
of tenants in favour (turnout 79%).
Note: Some of the above transfers were completed in
March but were not reported in the last edition of the Housing
Monthly Diary.
April 1998
Other Transfer News in Brief
England
- Tenants of Lambeth LBC's 20-storey Edrich House voted in
favour of transferring to Hyde HA (73% in favour on a
turnout of 79%).
- Some 600 tenants living in 12 Redbridge LBC sheltered
housing schemes voted in favour of transferring their
homes to a new landlord (82% in favour on a 91% turn
out). The schemes transfer to either London and Quadrant
HT, Anchor HT or Housing 21, which ensures an investment
of over £20 million for repairs, improvements and
updating of equipment necessary to provide support for
older and frail residents.
- Tenants on Tameside Council's Richmond Park, West Park
and Victoria Street Estates in Ashton-under-Lyne voted in
favour of transferring to Ashton Pioneer Homes - a new
local housing company, which was set up to take over the
900 homes. Only three-quarters of the tenants voted but
of those that did, 64% were in favour of moving to the
new landlord.
- West Devon DC tenants voted in favour of transferring
their homes to a new housing company, West Devon Homes.
The proposed transfer gains the support of more than
1,500 tenants.
Scotland
- Tenant-led Bridgewater HA takes over nearly 950 homes
from Scottish Homes in Erskine. The £8.5 million
transfer won the support of more than 90% of residents.
- Eildon HA acquires 52 homes from Borders General Hospital
NHS Trust for £2 million. Under the agreed arrangements,
the Trust have nomination rights to 39 of the homes for
the next 30 years.
- A proposed transfer of 74 houses in Shetland from
Scottish Homes to Hjaltland HA fell through, after
failure to agree on a valuation for the stock.
Wales
- The Welsh Office supported proposals for the transfer of
Denbighshire Council's homes to a new landlord. The
possibility of some or all of the Council's 4,300 homes
transferring was to be the subject of a tenant
consultation exercise. It was estimated that the homes
needed improvements costing some £34 million.
May 1998
News in Brief
England
- Following the success of the Liberal Democrats in taking
power at Liverpool, the City Council's plan for a total
stock transfer might be reviewed. However, it was thought
that the principle of transfer would still be supported
by the new political ruling party.
Scotland
- Scottish Homes tenants were to be balloted on transfer
proposals in a number of areas in the near future:
- The Agency's remaining 400 tenants in East Dunbartonshire
were to vote on proposals to transfer to the tenant-led
East Dunbartonshire Federation Housing Co-operative,
subject to proposals to be submitted later in the year.
-
- Over 200 of the Agency's tenants in the Garnock Valley
area were to vote on a transfer to Cunninghame Housing
Association.
-
- 1,100 tenants in the Arden area of Glasgow were to decide
on whether or not to switch to Glen Oaks Housing
Association.
June 1998
Transfer News in Brief
England
- Liverpool CC announced its plans to transfer its entire
housing stock in small parcels to new and existing
alternative landlords. The first 15,000 homes, spread
over 8 likely transfer packages, had already been
identified for tenant ballots. The first ballot, in the
Speke and Garston areas, would take place in November,
with others planned for 1999. Nearly 43,000 homes were
owned by the Council and the accumulated disrepair bill
of £710 million was the major factor motivating the
proposed stock transfers.
- South Hams DC balloted its 3,200 tenants on the proposed
transfer of their homes to a new local housing company,
South Hams Housing.
Scotland
- Following a ballot which showed over 76% of tenants
voting in favour, Sanctuary Scotland HA was set to take
over 280 Scottish Homes dwellings in the Priesthill,
Pollock and Rosshall areas of Glasgow. The Association is
a subsidiary of Sanctuary HA, which is one of the largest
in England. The increasing interest shown by
English-based associations in Scottish stock transfers
raised some concerns North of the border.
July 1998
News in Brief
England
- The Government approved, subject to a tenants' ballot,
the transfer of 1,314 homes on Enfield LBC's Barbot and
Edmonton Green Estates to Metropolitan HT and London
& Quadrant HT.
- Hammersmith and Fulham LBC's tenants on its Old Oak
Estate in Acton voted in favour (83% in favour on a
turnout of over 80%) of transferring their homes to
Family HA, which would allow for £23 million of
modernisation works.
- South London Family HA took over the ownership of 681
former Lambeth LBC homes on the Council's Lansdowne Green
Estate. The transfer, part of the Estates Renewal
Challenge Fund programme (second round), saw £8.5
million of government funding and a further £13.8
million of private sector investment made available for
an extensive repair and modernisation programme.
- Liverpool CC received more than 6,000 replies from its
questionnaires sent to 35,000 tenants, in which 59%
expressed an interest in getting further information
about stock transfer.
- Over 91% of the tenants on Manchester CC's East
Wythenshawe Estate voted in favour of transferring to
Willow Park HT, which would facilitate funding of a major
programme of improvements. The transfer was expected to
be completed in the first quarter of 1999.
- South Hams Council's tenants voted in favour of plans to
transfer their 3,200 homes to a new housing company,
South Hams Housing (81% in favour/82% turnout). The
proposals included programmes of improvements and rent
rises pegged at no more than inflation plus 1% for the
next five years.
- Tenants on six Tower Hamlets LBC estates voted in favour
of proposals to transfer their 2,800 homes to a local
housing company, Poplar HARCA. However, the ballot caused
controversy as the majority in favour was less than 1%
(853 in favour, 838 against). Opponents to the proposals
argued that the inclusion of leaseholders' votes would
have given a clear majority against the proposals. Whilst
leaseholders were balloted with tenants, their votes did
not affect the outcome. The transfer decision meant that
the estates would benefit from £77 million of
improvement programmes.
Scotland
- Bute HA, which already owned 700 rented houses in Argyll
and Bute, offered £1.27 million to take over 200
Scottish Homes' dwellings in Campbeltown. A tenant ballot
was due to be held during August.
- Tenants of Scottish Homes in the Garnock Valley area of
Ayrshire voted overwhelmingly in favour of transferring
to Cunninghame HA. The Association, which already owned
850 homes in North Ayrshire, offered £1,86 million for
the 200 home.
August 1998
Transfer News in Brief
England
- Hyndburn DC abandoned its plans to transfer nearly 4,000
homes to New Progress HA. Main factors influencing the
change of direction were the relaxation of rent capping
and the release of capital receipts, which generated
additional funding to meet essential repairing needs. The
decision not to transfer was unanimously supported by
members, perhaps reflecting the concerns that the stock
valuation was only slightly in excess of the outstanding
debt and that tenants' right to buy would be affected.
Suggestions that the Hyndburn might be the first of a
number of councils to reconsider options available
following the Government's Comprehensive Spending Review
received mixed responses.
- In the second stage of Newham LBC's out-of-Borough
Estates' Renewal Challenge Fund programme, tenants on its
Rookery Farm Estate in Dagenham recorded a 78% vote in
support of transferring their 172 homes to Samuel Lewis
HT. The transfer arrangements ensured that rents on the
Estate were pegged at RPI plus 1% for the next ten years.
- Tenants of South Somerset DC narrowly voted in favour of
transferring their 9,000 homes to South Somerset Homes
(50.2% in favour on a turnout of 77%). The transfer
attracted some £70 million for badly needed repairs to
the stock.
- Tenants of Wirral MDC's Leasowe Estate voted in favour of
transferring their 1,100 homes to a local housing
company, Leasowe Community Homes, a subsidiary of Liver
HA (90% in favour on a turnout of 80%). The transfer
released investment of £20 million, with extensive
improvements planned for the estate.
Scotland
- Scotland's two largest councils were reported to be
investigating options for large-scale stock transfer:
- Edinburgh Council was suggesting transferring all of its
32,000 homes as an option, but only if the Government
intervened to solve the problem of the Council's
accumulated housing debt - estimated to be £250 million.
-
- Glasgow DC was believed to have commissioned a
feasibility study into the financial arrangements for the
transfer of some 80,000 homes to a housing trust over a
6-year period, with a linked ongoing improvement
programme.
-
- Increased interest in stock transfer reflected the
positive approach of the Government in Scotland, with
suggestions that the role of councils should change. In
particular, the Government had suggested that those
councils that transfer their stock and concentrate on an
enabling ethos could take over responsibilities from
Scottish Homes for disbursing resources to housing
associations and co-operatives.
Wales
- A grant of £5,000 from the Welsh Office meets part of
the costs of a feasibility study by Denbighshire Council
into future management options, including stock transfer.
Other Welsh councils believed to be considering some
level of stock transfer include Newport, Torfaen and Vale
of Glamorgan.
September 1998
Transfer News in Brief
England
- Boston BC set up a new local housing company - Boston
Mayflower - to take over its housing stock, subject to
support from its 5,200 tenants.
- Brent LBC announced plans to transfer 400 sheltered homes
to a company formed in partnership with Network HA. The
new company would have a development programme and manage
homes on behalf of the Council and the Association.
- East Lindsey DC tenants supported the £40 million
transfer of their homes to East Lindsey Partnership
Housing (59.6% in favour on a turnout of 85%).
- East Northamptonshire DC tenants on its Crow Hill Estate
voted to transfer their 150 homes to Chiltern Hundreds HA
(83.6 in favour on a turnout of 89%).
- Hackney LBC residents on four estates in Clapton voted in
favour of transferring their 1,044 homes to Clapton
Community Housing Trust.
- Hyde HA took ownership of Edrich House, a 19-storey tower
block in Stockwell. The Association has planned a £4
million refurbishment programme.
- As North Hull HATs 7-year term of operation came to
a close, 953 tenants decided to return to Hull Council,
95 go to Housemartin HA and 103 to North British HA with
services run by a tenant management organisation.
- Samuel Lewis HT took over 174 homes from Newham LBC, as
part of its Estates' Renewal Challenge Fund programme on
the Rookery Farm Estate in Dagenham.
Scotland
- Some 94% of tenants voting (turnout of over 75%)
supported the transfer of their 668 Scottish Homes
dwellings in the Cadder area of Glasgow to Cadder HA.
- Glasgow Council members agreed plans to transfer its
entire stock to a massive new local housing company.
However, government funding to pay accumulated debt
charges was an essential element to the proposals.
October 1998
Transfer Opt-Out Position Clarified
Following a ballot that resulted in a clear majority of
tenants supporting the proposed transfer of East Lindsey DC homes
to East Lindsey Partnership Housing, a local campaigning group
representing 2,000 tenants opposed to the transfer canvassed the
Government on the right to opt out.
A letter from the Organisation of Tenants Opposed to Transfer,
written to Deputy Prime Minister John Prescott, argued that the
nearly 2,000 voters who recorded no on their ballot slips should
be allowed to stay as Council tenants. The letter cited the 1985,
1988 and 1989 Housing Acts, which contain provisions for tenants
to remain with the council if they vote against proposals to
transfer, irrespective of the outcome of the ballot.
In response, the Department of the Environment, Transport and
the Regions clarified the position, in that the Housing Act 1996
superseded older legislation and that the opting-out provisions
included in legislation under the previous government were
removed in transfer guidelines published earlier this year.
The Housing Act 1988 provided a framework which allowed
tenants voting no to transfer proposals to remain with their
current council as landlords, but this right had now been
removed.
October 1998
Stock Transfer News in Brief
England
- More than 93% of Allerdale DC tenants supported a split
transfer of their 4,478 homes. Impact HA is to take over
728 homes on the Council's Salterbeck Estate, with the
remaining 3,750 dwellings transferring to Derwent and
Solway HA, a new subsidiary of Harvest Housing Group.
- Derwent HA claimed a first, with the sale of 92 homes to
the institutional investment company, Chaco Investments.
The sale of the market-rented homes secured £4 million
for the Association to invest in expanding its management
portfolio, with a long-term leaseback arrangement
allowing the Association to continue to manage and
maintain the sold homes.
- Tenants on four of Hackney LBC's estates started voting
on the proposed transfer of their 1,157 homes to
Sanctuary HA. The balloting period was due to end on 9
November.
- Manchester MDC tenants on its Darnhill Estate voted in
favour of transferring their 1,272 homes to Guinness
Trust (92% in favour on a turnout of 86%). The estate is
an overspill estate in the Heywood part of Rochdale
Metropolitan District.
- North Hertfordshire NHS Trust transferred 408 homes for
staff and student nurses at Lister Hospital in Stevenage
to St Pancras HA.
- Councillors at Tameside Council supported the proposals
to pursue a bid to transfer its 17,000 homes to the
provisionally-titled Tame Valley Housing Trust.
- Over 78% of Telford and Wrekin tenants voted in favour of
transferring their 13,500 homes to Wrekin Housing Trust
next spring. The DETR gave approval for the transfer
earlier this year, even though it exceeded the Government
guidelines that limit transfers to 12,000 dwellings.
- Tower Hamlets LBC abandoned plans to transfer 10 estates
to Cityside HARCA, following 61% of tenants voting
against the proposals. It was understood that the Council
would now concentrate on preparing for another round of
ballots to transfer other estates to both Poplar HARCA
and Cityside HARCA.
Scotland
- Scottish Homes tenants in the Arden area of Glasgow voted
in favour of transferring their 1,100 homes to Glen Oaks
HA for an estimated £7 million (84% in favour on a 64%
turnout).
- Tenants on North Lanarkshire Council's Old Monklands
Estate in Coatbridge voted by 95% in favour to transfer
their homes to Clyde Valley HA. The Association has a
redevelopment programme to replace the homes with 300
flats and houses and 131 dwellings for sale in
partnership with two local developers.
November 1998
Transfer News in Brief
England
- A £110 million regeneration programme is to go ahead,
following support from 80% of tenants on Enfield LBC's
Edmonton Green and Barbot Estates to transfer their homes
to a new body being set up by Metropolitan and London
& Quadrant Housing Trusts. Following the stock
transfer, the regeneration programme is to see the 734
homes on the Barbot Estate demolished and replaced by
low-rise housing and the 578 homes on Edmonton Green
refurbished. Tenants have been guaranteed that rent
increases are to be limited to inflation plus 1% for ten
years.
- Tenants in Greenwich LBCs Charlton Triangle area
voted on a package of improvements including transfer of
their homes to a company which was yet to be formed,
Charlton Triangle Homes. The scheme, which has the
backing of £18 million from the Estates' Renewal
Challenge Fund, promised rents pegged to RPI for ten
years with a single indicative rent rise of £5 per week
on completion of the improvement works.
- Residents of four of Hackney LBC's estates voted in
favour of transferring their homes to Sanctuary HA. The
estates are Morningside, Old Gascoyne, Old Kingshold and
Shore, where 63% of residents voting supported the move.
- Following support of nearly 72% of tenants voting in a
ballot, 2,500 Lambeth LBC homes were due to transfer to
Hyde South Bank Homes, a subsidiary of Hyde HA, in May
1999.
- Tenants on Preston MDC's Avonham, Frenchwood and Queen
Street estates voted in favour of transferring their
homes to Collingwood HA. The decision, supported by more
than 90% of those who voted, meant that 800 homes are to
be improved and a further 300 demolished to make way for
a 100-home development programme over the next five
years.
Scotland
- The remaining 800 Scottish Homes' tenants in Clydebank
started voting on proposals that involve the transfer of
their homes to Clydebank HA, which would open the door to
£3.9 million being spent on improvements over the next 5
years.
- Nearly 75% of tenants who voted support a transfer from
Dumfries and Galloway Council to Irvine HA. The
Association is now to take over the 400 homes in the
Stakeford area of Dumfries.
- Edinburgh Council called on the Government to change the
rules on how new housing partnership cash is granted. The
Council has resisted Government pressure to transfer its
32,000 homes and proposed instead to set up a local
housing company to build new homes with representation on
the Board drawn from tenants, officers and business
representatives.
- Orkney Islands Council was reported to be considering the
stock transfer of its 1,000 homes, subject to a council
vote and tenant ballot.
- The Government announced funding of £1.3 million to
allow five Scottish councils to launch feasibility
studies that could lead to more than 200,000 council
homes transferring to new landlords. The councils
receiving cash for studies into potential transfers were:
- Aberdeenshire Council: £65,000.
-
- Dundee Council: £145,000.
-
- East Dunbartonshire Council: £18,500.
-
- Glasgow Council: £1 million.
-
- Western Isles Council: £56,000.
-
- By far the biggest potential transfer was Glasgow
Council, which has about 100,000 homes in management.
Dundee Council has the second largest stock, with 21,000
homes.
December 1998
Debt Relief for Transferring Councils
In a significant change in policy, the Scottish Office pledged
new housing partnership cash to service the debts of councils
successful in future stock transfer bids, where sales did not
completely clear any deficit involved. Central Government cash
would also be made available to meet breakage costs incurred for
early repayment of loans. Funding conditions imposed were that
receipts from transfers must be maximised and used to repay part
of any outstanding debt.
This long-awaited solution to Scotland's crippling housing
debt problem was welcomed by professionals. It cleared the way
for a number of authorities to progress transfer plans. Glasgow
Council, whose housing debt was estimated at £1.3 billion and
its repair backlog at £1.7 billion, entered a provisional bid to
transfer its 100,000 homes, which might now be possible following
this new policy directive from central Government.
Housing debt across Scotland is estimated at £4.2 billion.
However, the estimated proceeds from the sale of all council
stock in Scotland is set at less than 50% of the housing debt.
December 1998
Stock Transfer News in Brief
England
- Nearly 60% of Hackney LBC's 644 tenants of Kingsland,
Whitmore and Haggerston voted in favour of transferring
to Canalside Housing Partnership.
- Liverpool MDC's tenants in its Speke and Garston areas
voted overwhelmingly in favour of transferring their
4,500 homes to South Liverpool Housing (85% in favour on
a 78% turnout).
- In another ballot, tenants of the Council's Pinehurst
Estate voted in favour of transferring their 650 homes to
CDS Housing (67.1% in favour on a turnout of 91%). The
transfer releases £6 million funding for improvements to
the homes.
- The decision was taken for Richmond-upon-Thames LBC to
apply to transfer its entire stock of 7,200 homes, with a
planned tenants' vote in September 1999.
- Tameside Council successfully submitted plans to the
Department of the Environment, Transport and the Regions
for inclusion of transfer proposals for its 17,000 homes
via an LSVT group structure, as part of the 1999 transfer
programme. If successful, it would represent the largest
transfer of housing stock to date and could possibly open
the door for other similar proposals to be put forward.
- The official transfer took place of 250 Trafford MDC
homes to Irwell Valley HA, sealing a £9 million
partnership between the two organisations.
Scotland
- In Foxbar, 509 properties are to transfer to Paisley
South HA.
- Tenants in Townhead, Coatbridge near Glasgow voted in
favour of transferring their 220 homes to Lochside HA
(81% in favour on a turnout of 73%).
- Tenants of 510 homes spread across seven towns voted in
favour of a £5.2 million bid to transfer their homes to
South Ayrshire Homes, with over 91% of those voting being
in favour.
January 1999
Transfer News in Brief
- Denbighshire CC was considering the transfer of its 4,300
homes to a local housing company, as an option for
resolving the repairs and improvements backlog -
estimated at about £8,000 per dwelling. If supported,
the Council could become the first in Wales to complete a
whole stock transfer.
- Liverpool CC's recently published three-years housing
strategy statement includes plans to transfer its entire
housing stock of 20,000 homes.
- Manchester MDC was reported to be going ahead with plans
to transfer three estates in a single transfer operation,
despite apparent opposition from tenants. The Sale West
Tenants' and Residents' Association, which represents
1,300 households, announced that it was withdrawing from
the steering group and tabled a demand for a separate
transfer. This was echoed by the other two smaller areas
that make up the Heatherway Estate. The transfer plans
have been frustrated by past disagreements between the
three associations and the Council.
- Wirral MDC transferred its Leasowe Estate to newly-formed
Leasowe Community Homes - a subsidiary of Liver HA. The
transfer released a £5.19 million Estate Renewal
Challenge Fund grant for much needed improvements to the
homes.
- Following their December 1998 tenant ballot, which
supported the transfer of their 6,000 homes to a newly
created housing company, Test Valley DC tenants were told
that the transfer might not proceed because of concerns
raised by councillors over some of the financial
implications. The transfer was frozen for six months, to
allow time for further information to be presented to
councillors.
- Scottish Homes transferred its 179 homes in Campbeltown
to Bute HA, following a ballot in 1998 - which saw
support for the transfer from 90% of tenants voting.
February 1999
Stock Transfers in Brief
England
- Tenants on Bradford MDC's Thorpe Edge Estate decided
against a transfer from the Council, with 348 votes
against the proposals and 216 for them. It was proposed
that the estate be transferred to the newly formed
Idlethorp Housing Trust, which would have guaranteed
£1.9 million from the Estate Renewal Challenge Fund and
a further £2 million from Yorkshire Metropolitan HA. The
outcome of the ballot, which attracted an 84% turnout,
meant that neither of these investments became available.
- Cambridge City Council tenants voted against transfer,
with 60.5% of those voting preferring to stay with the
Council. Approximately 75% of tenants voted.
- Tenants from Tameside MDC's Richmond Park Estate and West
Park Estate in Ashton- under-Lyme voted in favour of
transferring to Ashton Pioneer Homes, which released
£9.6 million from the Estate Renewal Challenge Fund for
improvements.
- West Devon Council's housing stock officially transferred
to the local housing company - West Devon Homes. An 81%
yes vote in a tenants' ballot last March meant that the
transfer could go ahead and a committed £7 million can
be invested in repairs and improvements to the stock.
- Worthing Council was set to transfer its 2,600 homes to
Worthing Homes, with the £56 million funding needed
being provided by loan facilities through the Bradford
& Bingley.
- A consortium of five banks is to provide the £200
million required by Wrekin Housing Trust to support the
transfer of 13,500 homes from Telford and Wrekin Council.
Scotland
- Glen Oaks HA took over all 1,100 Scottish Homes'
dwellings in the Arden district of Glasgow, releasing a
£13 million improvement package.
March 1999
Transfer Programme 1999/2000
Housing Minister Hilary Armstrong announced the details of the
1999/2000 stock transfer programme, which gave approval to 25
local authorities to transfer all or part of their housing stock
to registered social landlords (RSLs) - subject to support in
tenants' ballots. In total, the programme affects more than
140,000 dwellings in 31 proposed large-scale voluntary transfers,
generating capital receipts of over £822 million.
Two of the authorities included in the transfer were above the
Government's size limit for transfer to one landlord - Coventry
CC (20,349 dwellings) and Tameside MBC (16,959 dwellings). In
both cases, agreement wes given to transfer the stock to new
group structure landlords involving two asset owning RSLs.
Two authorities included in the programme - Coventry CC and
Burnley BC - expected to have housing debt remaining on their
Housing Revenue Account (HRA) after transfer of the stock.
Transfer depended on the successful resolution of this issue. The
Government intended to publish a consultation paper on how to
tackle overhanging debt in the near future.
The programme includes over £130 million of Estates Renewal
Challenge Fund (ERCF) grant, which has been made available to 6
local authorities (Hackney LBC, Islington LBC, Lambeth LBC,
Liverpool CC, Preston BC and Tower Hamlets LBC), affecting over
13,000 homes.
Details of the programme are given below. Figures in brackets
represent the maximum number of dwellings that could be included
in the transfer. The name of the RSL(s) to receive the
transferred dwellings is given where known:
- Boston BC (5,114): To Boston Mayflower.
- Burnley BC (5,354): To Burnley and Padiham Community
Housing.
- Hackney LBC (Pembury Estate) (1,263): To Peabody Trust.
- Hackney LBC (Stamford Hill Estate) (1,131): To Stamford
Hill Trust.
- Huntingdonshire DC (7,134).
- Islington LBC (Barnsbury Estate) (646): To Newlon Housing
Group.
- Islington LBC (Ten Estates) (739): To Peabody Trust.
- Lambeth LBC (Central Stockwell Estate) (2,576): To Hyde
Southbank Homes.
- Lambeth LBC (St Martins Estate) (1,282): To South London
Family HA, Metropolitan HT and Presentation HA.
- Liverpool CC (4,685): To South Liverpool Housing.
- Manchester CC (Colshaw Farm Estate (646): To Riverside
HA.
- Manchester CC (Whitefield Estate (1,036).
- Newcastle-under-Lyme BC (10,042).
- North Devon DC (3,462): To North Devon Homes.
- Preston BC (Avenham Estate) (1,123): To Collingwood HA.
- Test Valley BC (5,789): To Testway Housing Ltd.
- Tower Hamlets LBC (Homes in Poplar) (1,780): To Poplar
HARCA.
- Tynedale Council (3,731): To Tynedale Housing Ltd.
- West Lindsey DC (3,919): To West Links Housing Ltd.
- Weymouth & Portland Council (3,526).
- Wyre Forest DC (6,440): Wyre Forest Community Housing.
March 1999
Transfer News in Brief
England
- Bath & North East Somerset Council's 9,887 homes
transferred to Somer Community Housing Trust. A tenant
ballot in October 1998 resulted in 58.3% in favour of the
transfer (71% turnout). The Trust paid the Council £80.3
million to acquire the homes.
- East Lindsey DC's 5,100 homes transferred to the new
local housing company - East Lindsey Partnership Housing
(ELPH). This was the first Large Scale Voluntary Transfer
(LSVT) to take place in the Midlands region. Transfer
proposals were supported in a tenants' ballot (60% in
favour: turnout of 85%) and ELPH have agreed to pay the
Council £45 million to acquire the stock. As well as an
accelerated repairs and maintenance programme, tenants
will benefit from rents pegged at the rate of inflation
plus 1% each year for the next five years.
- Enfield LBC transferred its run-down Barbot and Edmonton
Green Estates to Metropolitan HT and London &
Quadrant HT - part of the Edmonton Partnership
Initiative, which is a project designed to regenerate the
centre of Edmonton. Edmonton Green Estate tenants are to
benefit from substantial improvements to their homes,
security measures and better parking facilities. The
Barbot Estate is to be demolished, with the tenants being
rehoused in new, purpose-built homes. The transfer
arrangements included a guarantee to peg rents to maximum
annual increases of 1% above inflation for the next 10
years. The transfer was supported in tenant ballots in
October and November 1998 (82% in favour: 78% turnout).
- Tenants on nine adjacent Greenwich LBC estates known as
the Charlton Triangle are benefiting from a cash
injection of over £18 million, as part of the
Government's Estates Renewal Challenge Fund scheme. A
further £32 million is being raised from the private
sector, to fund an extensive repairs and modernisation
programme. The homes transferred to a new local housing
company - Charlton Triangle Homes Ltd., which is a
subsidiary of Family HA.
- Tenants on Hackney LBC's Haggerston, Kingsland and
Whitmore Estates transferred to Metropolitan HT and
Community HA - working together as Canalside Partnership.
The transfer was supported by tenants in a ballot in
November 1998, opening the way for £42 million to be
invested in repairing and improving the homes - £13
million in Government grant under the Estates Renewal
Challenge Fund and a further £29 million in private
finance.
- Nearly 1,300 tenants on Lambeth LBC's St Martin Estate in
Tulse Hill voted in favour of transferring to a company
controlled by three housing associations - Metropolitan
HT, Presentation HA and South London Family HA (77.9% in
favour). The scheme, which attracts £6 million from the
Estates Renewal Challenge Fund and a further £27 million
in private finance for improvements and repairs, is part
of the 1999/2000 stock transfer programme.
- Over 13,000 homes transferred from Telford and Wrekin
Council to the new local housing company - The Wrekin
Housing Trust. The £107 million transfer was supported
by a tenants' ballot (78.5% in favour: 74% turnout).
Benefits to tenants include an extensive programme of
repairs and improvements, rents pegged at inflation plus
1% for five years, and tenant participation in the
management of the homes - with five tenants sitting on
the Board of Management.
- Worthing Homes took over as landlord 2,525 homes
transferred from Worthing BC. The application from the
Council to transfer its stock came after a ballot in
which 69% of tenants voting supported the transfer (76%
turnout). Worthing Homes paid the Council £35.88 million
for the stock.
Scotland
- The Housing Services Committee of Dumfries and Galloway
Council agreed a report from consultants, which
recommended transfer of its entire stock to a local
housing company. If the Council's Executive Committee
also agreed to the recommendation, a ballot of tenants
could be arranged within 18 months.
- Glasgow Council formally decided to transfer all of its
100,000 homes to a new community trust. The transfer
involves Government write-off of the Council's current
£930 million housing debt and a £200 million annual
investment for six years. The decision was attacked as
premature, as the results of a commissioned feasibility
report on stock transfer proposals had not (at the time
of the Council's decision) yet been published.
- More than 500 Scottish Homes tenants in South Ayrshire
have a new landlord, following a successful £5.9 million
transfer deal. The 505 homes in Ayr, Dailly, Girvan,
Mossblown, Troon, Dundonald and Symington were
transferred to Scotland's first New Housing Partnership
style organisation - South Ayrshire Homes, involving the
local council, local tenants and community
representatives. The transfer was supported by 90% of
tenants voting in a ballot in 1998.
April 1999
Transfer News in Brief
- Allerdale DC transferred:
- 727 homes to Impact HA, generating £4 million from the
Estates Renewal Challenge Fund and a similar amount from
the Association; and
-
- the remaining 3,700 homes to Derwent and Solway Housing
(part of the Harvest Group), which raised £42 million.
- Tenants on 10 Islington LBC estates voted in favour of
transferring their 740 homes to Peabody Trust. Voting
also took place on the Councils Barnsbury Estate,
resulting in the possible transfer of 645 homes to Newlon
HA.
May 1999
Transfer News in Brief
England
- Berwick-upon-Tweed DC has decided to make its third
attempt at a voluntary transfer, this time to an existing
housing association. Two past attempts involved the
Council trying to transfer its 3,000 homes to a newly
formed organisation, which was not supported in a
tenants' ballot, and a bid to use the Private Finance
Initiative - which the DETR rejected.
- It was understood that some 15 organisations had
expressed an interest in the transfer.
- Burnley Council started formal consultation with tenants
on transfer plans amid some uncertainty in the absence of
clear advice from the DETR on its projected £15 million
debt and £6 million other charges that would be left
after a transfer. The Council proposed to transfer the
homes to Burnley and Padiham Community Housing.
- Housing Minister, Hilary Armstrong, ruled that Manchester
MDC's Sale West transfer should go ahead with two estates
transferring to one landlord. Tenants on the Heatherway
Estate had campaigned for a separate transfer.
- Tower Hamlets LBC tenants voted against transferring
their homes to Poplar Harca. The £48 million transfer,
which was to be the third phase of transfers in the area,
was rejected by 534 - 431 votes on a turnout of 64%. The
transfer of the 1,780 homes on the Coventry Cross, Devons
and Lincoln Estates had been the subject of bitter
dispute between opposing campaigners.
- Sunderland MDC became the first metropolitan authority in
the North-east to openly consider stock transfer. If
proposals go ahead, the Council's 40,000-home transfer
will become the largest in England. A detailed
feasibility study and tenant consultation was taking
place, with a stock condition survey to be completed by
August.
Scotland
- Tenants in the Langlands area of Glasgow voted
strongly in favour of transferring ownership of their
homes to a new landlord. In the ballot, 75% of
tenants backed the move to Linthouse HA, with a
turnout of more than 87%. The move paved the way for
future investment of almost £13 million in
Langlands' 260 homes. Linthouse HA was established in
1974 and owns and manages over 850 houses.
- In the Dalmarnock area of Glasgow, tenants of 373 of
the Agencys dwellings were due to get the
chance to transfer ownership of their homes to a new
landlord - Molendinar Park HA. A ballot was due to be
held in August, to decide whether or not tenants
support the Association's £1.3 million offer for
their homes.
- Tenants in the East Dunbartonshire area were soon to
say whether they want to transfer ownership of their
homes. A ballot of tenants was timetabled for June,
to decide whether or not a total of 438 properties
should be transferred to Antonine Housing
Cooperative. The cooperative had made a £5 million
offer for the homes.
June 1999
Transfer News in Brief
England
- Three housing estates in Birmingham received more than
£49 million from the Government's Estates Renewal
Challenge Fund. Tenants of Birmingham MDC living on the
Benmore, Lee Bank and Woodview estates voted in favour of
transferring to a new registered social landlord - Optima
Community Association and the transfer has received
consent from the Secretary of State to take place on 28th
June. Private finance boosts the total available, for a
programme of repairs and improvements to the properties,
to £85 million.
- Calderdale MDC has commissioned consultants to produce a
report on options for the transfer of its 13,000 homes,
including the setting up of a local housing company.
- Tenants of Haringey LBC voted in favour of transferring
their 24 flats in Hallam House on the Denmark Road estate
to London and Quadrant HT. In the ballot, 63.2% were in
favour of the transfer, which enables extensive
improvement works to go ahead. The transfer is part of a
wider Single Regeneration Budget programme for the area.
- Newcastle-under-Lyme BC tenants voted overwhelmingly in
favour of transferring their 10,000 homes to a new
organisation, Newcastle-under-Lyme Housing (75% in
favour; turnout 74%).
- Preston BC's tenants on its Avenham, Queen Street and
Frenchwood estates transferred their tenancies to
Collingwood HA, following a residents' vote in favour of
the move last November. The transfer released £9.6
million from the Estates Renewal Challenge Fund, which is
boosted by a further £3 million from Collingwood's own
resources, as well as further funding from the private
sector, to carry out necessary repairs and improvements.
Collingwood is also building 110 new homes and has
appointed Avenquest Homes to manage the estate on its
behalf.
- Test Valley DC has decided to go ahead with the £80
million transfer of its 5,500 homes to Testway HA,
despite fears that falling interest rates and the way
that the Government allows capital receipts to be used
would jeopardise the move. The Council was locked into
long-term borrowing and there were concerns whether it
would be debt-free after a transfer.
Scotland
- Progress has been made towards transferring 360 Scottish
Homes houses in Inverclyde to a landlord organisation run
by local people. One of Port Glasgow's oldest buildings
has lent its name to the steering group guiding tenants
through the transfer from Scottish Homes: the Newark
Steering Group - inspired by Newark Castle - has been set
up following discussions with residents from five estates
in Port Glasgow. The Newark Group aims to become the
owner and manager of the houses and independent
consultants have been appointed to help the Group prepare
for becoming a landlord.
July 1999
Transfer News in Brief
England
- Hackney LBC tenants on its East London Clissold Estate
were being balloted on the option to transfer their homes
to Newlon Housing Trust, which would generate £2.5
million towards essential repairs and improvements.
- The transfer of 2,400 Lambeth LBC homes to Hyde Southbank
Homes (an offshoot of Hyde HA) marked the launch of a
£50 million regeneration programme for Stockwell in
South London. The transfer generated more than £15
million from the Government's Estates Renewal Challenge
Fund, which with private finance will allow community and
business development, as well as the refurbishment of
three large estates involved in the transfer.
- Tenants on Wilfred East Estate in Poplar have transferred
to the newly registered Wilfred East Housing
Co-operative. The block has been in ownership over the
last 40 years by the London County Council, Greater
London Council and Tower Hamlets LBC. Ownership passed to
Poplar HARCA in 1998.
- Sedgemoor Councils trickle transfer programme to
Sedgemoor HA has reached a conclusion. The programme has
seen over 465 empty homes transfer from the Council to
the Association.
Scotland
- Developments concerning Scottish Homes proposed
transfers include:
- Nine social landlords were reported to be interested in
becoming the new landlord for almost 1,000 Scottish
Homes' properties in Hutchesontown. A steering group of
tenants, residents, the local councillor and staff of the
Agency were receiving training on various aspects of the
transfer and it is interviewing prospective landlords who
have progressed through an initial selection process.
- Tenants of the Agency in East Dunbartonshire area voted
overwhelmingly in favour of transferring ownership of
their homes to a new local housing cooperative - to be
known as Antonine Housing Cooperative (over 92% in favour
on a 70% turnout). The Antonine Housing Cooperative
steering group offered a total of around £5 million to
take over the ownership of the 438 properties in East
Dunbartonshire and North Lanarkshire. Proposals include a
planned expenditure of more than £2 million on the
dwellings over the next 5 years and rents fixed at
inflation plus 1% for the first 10 years after transfer.
- Tenants in the Toryglen area of Glasgow were being
balloted on a proposed transfer of their 1,097 dwellings
to Thistle Housing Association. The Association's £8.6
million offer is backed by Scottish Homes. A recent
independent opinion survey of Scottish Homes in Toryglen
showed strong support for Thistle HA's proposals, with
over 50% of tenants interviewed saying that the
Association would make an acceptable landlord.
- Scottish Homes' tenants in East Ayrshire appointed the
Tenants' Information Service (TIS) to act as their own
independent adviser and help guide them through the
process of transferring to a new landlord. Together with
Scottish Homes, TIS is examining whether a detailed
submission from the East Ayrshire Housing Partnership is
financially viable and whether it offers a good level of
service and would have the support of tenants.
- East Ayrshire Housing Partnership has submitted detailed
proposals about how it would manage the 965 Scottish
Homes' houses in East Ayrshire. It is a registered social
landlord and is sponsored by East Ayrshire Council and is
already building a number of new houses for rent and
ownership in East Ayrshire. The Partnership's management
board has equal representation from tenants and the local
community, East Ayrshire Council and the local business
community. Ultimately, the Board of Scottish Homes will
decide whether the Partnership's submission should be put
to tenants in a formal postal ballot.
August 1999
Consultation on Overhanging Housing Debt
Housing Minister, Nick Raynsford, issued a consultation paper
on the options for local authorities to tackle the problem of
overhanging housing debt, following Large Scale Voluntary
Transfers (LSVTs).
Overhanging debt arises when the sale price a local authority
receives for the transfer of its housing stock is less than the
debt attributed to the stock. It is Government policy to support
housing transfers where the local authority concerned believes it
is the best option and the proposal has the support of tenants
affected. However, for many local authorities, housing transfer
has not been a realistic option because of the complex problems
associated with overhanging debt.
Where a local authority with overhanging debt transfers its
housing to a registered social landlord, there would be no rental
income to service the debt. However, the authority would be
entitled to HRA subsidy on the outstanding debt charges falling
on the Housing Revenue Account. The objective of the consultation
paper is to put forward proposals for redeeming the debt on
transfer, as an alternative to continuing to service the debt.
The key issues discussed in the paper, on which responses are
invited, are:
- The options for tackling overhanging debt.
- How a grant to local authorities to offset overhanging
debt might work.
- Changes to the levy rate and how the levy is calculated.
- The collection of the levy on future Preserved Right to
Buy receipts.
Information Notes
The LSVT levy, referred to above, was introduced by Section
136 of the Leasehold Reform, Housing and Urban Development Act
1993. The aim was to compensate the sum of the public expenditure
costs of housing transfers and the levy is paid into the
Consolidated Fund. It is payable on receipts arising from
disposals of 500 or more council properties to a RSL over a
five-year period, where those receipts exceed the outstanding
housing debt attributable to the properties.
Copies of the paper are available from the Housing Support
Unit, DETR, 2/B3 Eland House, Bressenden Place, London, SW1E 5DU.
The consultation paper is also available on the DETR website http://www/detr.gov.uk/.
Source: Housing Transfers in England - Dealing with
Overhanging Debt and Altering the LSVT Levy, Department of
the Environment, Transport and the Regions (DETR).
August 1999
New Guide on Managing Stock Transfer
The Housing Corporation published a new guide intended to help
people who are leading, or who are involved in, the management of
a stock transfer process.
The guide is particularly directed at informing:
- Board members of a prospective, or newly transferred,
registered social landlord (RSL).
- Senior managers of a prospective, or newly transferred,
RSL.
- Members of a tenant group involved in a stock transfer
process.
- Members, or senior officers, of a transferring local
authority.
The guide focuses on the human and organisational aspects of
stock transfer. It identifies the importance of looking beyond
the immediate objective - being achieving the transfer itself -
to the longer term critical aim of building an organisation which
can operate effectively after the transfer. It emphasises that
action to achieve longer term objectives need to be planned from
the beginning of a transfer process and not left until the
transfer actually takes place.
The guide also shows how participants in the transfer process
can be affected by the experience. Managers and staff, whether
they transfer or remain with the disposing authority, Board
members, councillors and residents can feel enthusiastically
committed to making the new RSL a success, or they can feel
battered and bruised by the process. It emphasises that those
managing the transfer process need to ensure that time and
resources are made available to support those involved.
Hitting the Ground Running- the Human and Organisational
Dimensions of Stock Transfer, available from the Housing
Corporation.
August 1999
Transfer News in Brief
England
- Birmingham City Council was understood to be actively
looking at options that would make significant inroads
into its need to raise £1.3 billion to tackle disrepair
to its 93,000 homes. Options ranged from maintaining the
status quo to a large-scale transfer of its entire stock.
- The size limit on transfers has been 12,000 homes, so a
single transfer of 93,000 homes would exceed the total
programme of transfers for 1998, which was 65,000.
- Developments in Birmingham, along with those in other
major cities including Glasgow - which is also
considering the option of large-scale voluntary transfer,
will represent clear indicators of wider implications for
the future of the local authority sector.
- Coventry City Council announced that it was considering
large-scale transfer and would ballot tenants on that
option for its 26,000 homes before the end of the year.
- Tenants of Elmbridge Council voted in favour of
transferring their 4,700 homes to Elmbridge HT (turnout
73%).
- Tenants of Fenland DC voted against transferring their
homes to a housing company, despite promises of a
modernisation programme and a guarantee of rents being
pegged for 5 years at inflation plus 1% (64% against the
proposal on a turnout of 72.4%).
- Tenants on Hackney LBC's Clissold Estate voted in favour
of transferring their 74 homes to Newlon HT (87% in
favour). The transfer sees the start of a £2.5 million
improvement programme.
- Tenants of Lewisham LBC voted against plans to transfer
their 7,000 homes to Hillgreen Homes, which would have
seen £60 million invested in repairs and improvement
programmes over the next 5 years (55% against the
proposal on a turnout of 61%).
- Sunderland Council was awaiting proposals from
consultants on options for transferring its entire stock
of 38,500 homes to a local housing company. The Council's
initial survey of tenants' views indicated that 70% might
support transfer proposals. Overhanging debt is unlikely
to be a problem for the Council but union opposition to
transfer may be an obstacle.
Scotland
- Scottish Homes announced details of its proposals for the
transfer of the homes and assets of Bridgeton and
Dalmarnock HA in Glasgow, which involves inviting seven
locally-based housing associations to bid for control of
the 900 houses. Tenants will be involved in deciding
which association offers the best options.
- Proposals include the demolition of a number of unpopular
tenement properties, where there has been a history of
crime and high turnover.
-
- The transfer of the Associations assets follows
Scottish Homes' Board's consideration of a report into a
statutory inquiry into its affairs.
- Scottish Homes' tenants in Dalmarnock were voting on
whether they wanted to transfer ownership of their homes
to Molendinar Park HA. If tenants voted in favour of the
Association's £1.3 million offer to take over the
ownership and running of the 373 properties, then the
transfer was scheduled to take place in January 2000,
paving the way for new investment in improvements and
repairs.
- The Moray Council announced that it is employing
consultants to consider the options of retaining its
stock, partial transfer and complete transfer. With 7,500
homes, the Council is the main landlord in North-East
Scotland. One option for transfer involves The Moray
Housing Partnership, which is a housing association that
the Council set up under the New Housing Partnerships
programme.
September 1999
Transfer News in Brief
England
- Coventry Council commenced a 2-month consultation
programme with its 22,000 tenants, to outline proposals
for transfer to one of two housing companies -
Whitefriars Homes North and Whitefriars Homes South.
- Barnsley Council was seeking to transfer 620 homes in
Grimethorpe to a new local housing company, which if
successful could be the forerunner to a whole stock
transfer of its 25,500 units.
- Tenants of Huntingdonshire Council voted in favour of
transferring their 7,000 homes to Huntingdonshire Housing
Partnership, which will allow nearly £30 million to be
spent on repairs (75% in favour, 63.3% turnout).
- A consultants' report to Dudley Council advised that
whole stock transfer to new housing associations could
generate in excess of £200 million for improvement,
whilst pegging rents at an agreed level.
- The anticipated tenants' ballot on the transfer of 7,000
Richmond-upon-Thames homes to a new local housing company
- Richmond Housing Partnership - was in jeopardy. There
was general agreement that the transfer arrangements
should include fixing rent increases to RPI plus 1% for
the next 10 years. However, officials from DETR had
argued that guarantees of longer than 5 years could only
be offered where homes are being transferred to an
existing housing association. It appeared likely that the
matter would be referred to Housing Minister, Nick
Raynsford.
- Cannock Chase Council appointed consultants Chapman Hendy
and Pricewaterhouse Cooper to examine the feasibility of
forming a local housing company, with the possibility of
a whole stock transfer. A recent house condition survey
established that the Council's housing stock needed
repairs that would cost nearly £60 million.
- The transfer took place of 11 Islington estates, bringing
in £22 million funding from the Estates Renewal
Challenge Fund. The Barnbury Estate transferred to Newlon
HT, while ten other estates in the King's Cross area
transferred to Peabody HT. In addition to the Government
cash, a further £33 million was being generated from the
private sector in consequence of the transfer.
Scotland
- It was announced that some 2,000 Scottish Homes' tenants
in Cumbernauld would have their own independent adviser
to provide guidance on a possible transfer to a new
landlord. Housing Plus was set to examine proposals from
Cumbernauld Housing Partnership Ltd from the tenants'
perspective and advise tenants about whether they
believed that the partnership was financially viable,
offered a good level of service and would have the
support of tenants.
- Cumbernauld Housing Partnership, a new, non-profit-making
housing organisation, was set up to bid for ownership of
Scottish Homes' houses throughout Cumbernauld. The
partnership involves North Lanarkshire Council, Scottish
Homes' tenants and the wider community in Cumbernauld.
Wales
- Following the National Assembly's agreement to the
findings of its transfer working party, consultation on
stock transfer in Wales got under way. Proposals included
regional restrictions on new landlords, with the aim of
ensuring that they concentrate on local regeneration and
not merely expanding their area of activity. The
programme included consultation meetings with the Welsh
Local Government Association and with a wide range of
tenants' groups.
October 1999
Transfer News in Brief
England
- Hackney LBC tenants on its Stamford Hill, George Downing,
Keates, Kennaway, Hillside and Hindle House Estates
supported the transfer of their homes to Southern Homes -
a division of Southern Housing Group. The transfer will
attract £13.1 million from the Estates Renewal Challenge
Fund.
- Coventry CC was forced to negotiate an extension on its
plans to transfer 20,350 homes because of uncertainty
surrounding overhanging debt. The scheme could not
complete until the Council has secured a grant from the
Government to settle the overhanging debt on the Housing
Revenue Account. The time taken to resolve the issue will
have a clear impact on the Council's ability to complete
by 31st March 2000. It is understood that Burnley Council
was experiencing similar difficulties and there are
doubts as to whether it could complete its transfer of
5,350 homes before the end of the financial year
deadline.
- Liverpool CC saw the transfer of 4,300 homes in the south
of the City to the new local housing company - South
Liverpool Housing. The transfer will see £43 million
made available towards refurbishment of the estates, with
a further £38 million being made available from private
funders. In addition, tenants will benefit from annual
rent rises guaranteed at no more than the rate of
inflation plus 1% for the next five years. The transfer
was supported by 85% of tenants voting on a turnout of
78%.
- More than 1,000 properties on Lambeth LBC's St Martin's
Estate were to receive £7 million funding through the
Estates Renewal Challenge Fund, following their vote in
favour of transferring their tenancies to a partnership
of three registered social landlords - Metropolitan
Housing Trust, Presentation HA and South London Family
HA. The three will work together to repair and improve
the homes, as well as implementing a strategy for
community and economic regeneration on the estate. As
well as the Government funding, the new landlords will
invest an additional £26.5 million in the estates,
supporting a programme of structural repairs and
modernisation to the properties. The funding will also
support environmental and security programmes and the
area's ongoing wider regeneration programme.
- The largest transfer of council housing stock got the go
ahead following a tenant vote in favour of transferring
17,000 Tameside Council homes to New Charter Housing
Trust Group in March 2000 (63% in favour on a turnout of
69%). The transfer will see £220 million invested in
repair and investment programmes.
- West Lindsey DC transferred 3,900 homes to West Links
Housing, following a tenants' ballot which saw 79% in
favour on a turnout of 77%. West Links Housing has agreed
to pay the Council £30.7 million to acquire the stock.
Scotland
- Scottish Homes tenants in Springboig in Glasgow were to
be balloted on transferring their homes to a new
landlord, Shettleston HA. Scottish Homes will make
available Housing Association Grant to Shettleston HA to
subsidise the transfer, reflecting the anticipated costs
of major remedial works to the 540 steel-clad houses -
necessary to keep them available for social renting. If
the transfer goes ahead, it will signal new investment in
an extensive remedial programme, as well as further
improvement and day-to-day repairs.
- Scottish Homes tenants in Dalmarnock, Glasgow, were to
vote on whether or not they want to transfer ownership of
their homes to Molendinar Park HA in January 2000. If the
transfer goes ahead, it will pave the way for new
investments in improvements and repairs. Molendinar Park
has made a £1.3 million offer to take over the ownership
and running of the 373 properties.
Wales
- The first tenant ballot on a transfer to a local housing
company in Wales was set to take place. Newport CBC
announced that it was to send out postal ballot forms to
nearly 650 residents of post-war prefabs on the option of
transferring to the newly formed Newport Housing Trust.
Under the planned transfer, Newport Housing Trust will
manage 550 new detached and semi- detached bungalows
which will be developed at a cost of £37 million. The
prefab homes being transferred will be demolished as they
become vacant, being no longer suitable for modern living
and expensive to heat. If the transfer goes ahead, it
will be completed by March 2000.
November 1999
Transfer News in Brief
England
- Birmingham Council formally made application to transfer
its 92,000 homes to a new municipal housing regeneration
trust. Under the proposals submitted to the DETR, the new
Trust would own the freehold of the dwellings and lease
them to 15 community landlords. The move is seen by the
Council as the only viable solution to its repairs
backlog, estimated at between £2 billion and £3
billion.
- Cannock Chase Council abandoned plans to transfer its
7,000 homes to a new landlord, just two days before the
deadline for transfer applications for the 2000/01
programme. The Council has housing debt of £34 million
and an estimated repair backlog of £67 million, which
are key factors in its decision to wait for further
Government guidance on overhanging debt implications for
transfers.
- Elmbridge Council's plans to transfer its 5,000 homes to
Elmbridge Housing Trust were delayed by a dispute with
the valuers over a stock valuation. A new survey was
being commissioned and the programme was likely to be put
back by at least six weeks.
- Hackney LBC had its sixth successful estate ballot, which
will see the transfer of the homes on its Clissold Estate
to Newlon Housing Trust.
- Hillingdon LBC was reported to be working on a scheme,
whereby the Council would transfer homes to a housing
association free of charge as they become empty. Rental
income would then be used to secure private finance and
the equity on each property acquired by the association
would allow it to procure two further dwellings - with
all three being below market rent levels. The Council
would retain 100% nomination rights.
- Lambeth LBC looked set to become the second largest
transfer behind Birmingham Council, following its
decision to transfer its entire stock of 40,000 homes.
The move is seen as the only solution to its £645
million housing debt but it is understood that a number
of options for transfer are still under consideration.
- The 643 residents on Manchester Council's Colshaw Farm
Estate voted in favour of transferring to Riverside HA
(97% in favour, 87% turnout). The Association, which is a
subsidiary of Portico HA, will invest £12 million in
improvements to the homes.
- Tenants and leaseholders of Richmond-upon-Thames LBC
voted in favour of transferring 7,400 homes and 1,500
leasehold properties to Richmond Housing Partnership. The
move will open the door to repair and improvement
programmes totalling £51 million.
- Tenants on Tower Hamlets LBC's Shadwell and Spitalfields
Estate voted narrowly (51.5% in favour, 48.5% against) in
favour of transferring to Tower Hamlets Community
Housing. A separate ballot in the St Peter's area
recorded an 88% vote in favour of transferring.
Approximately two-thirds of eligible tenants voted in
both ballots.
- The YWCA selected Selhal Community Housing Group as the
preferred bidder for its dwellings in the North of
England. The transfer of the 532 dwellings was decided
last March, in a move that sees the end of direct housing
provision by the Association spanning more than 140
years.
Scotland
- Developments affecting Scottish Homes tenants included:
- 2,000 tenants in Cumbernauld were set to vote on
whether or not they want to transfer their homes to
the new local landlord - Cumbernauld Housing
Partnership - which has offered a total of £5.8
million to take over the ownership and management of
the properties.
- Clydebank HA paid £2.5 million to take over
ownership of the remaining 750 of the Agency's homes
in West Dunbartonshire. The move has been backed by
93% of tenants who voted in a postal ballot and it
signals the end of a landlord role in West
Dunbartonshire for Scottish Homes, which once owned
2,500 properties in the area.
- A transfer date was in sight for the Agency's tenants
living in the Townhead area of Coatbridge. Tenants
voted overwhelmingly to transfer their houses to
Lochside HA a year previously but the handover was
delayed whilst Scottish Homes carried out further
structural surveys on some of the properties.
Scottish Homes have now advised tenants that, as a
result of the surveys, a new lower price has been set
for the houses. This will enable Lochside HA to make
repairs to some of the houses, which have concrete or
steel frames. It was anticipated that the transfer
will go ahead early in 2000.
December 1999
Transfer News in Brief
England
- Following a ballot (60% in favour, 76% turnout) of Boston
BC tenants, more than 4,800 homes in Boston are to be
transferred to a new local housing company, Boston
Mayflower.
- Tenants of Brent LBC's 400 sheltered units voted
decisively (75% in favour, 90% turnout) to transfer to
the first ever sheltered housing company, Willow Housing,
which is being set up by Network HA. Network also plans
to transfer its existing sheltered housing and
residential care homes to Willow, which will give the new
company a total of 900 homes in the Borough.
- Despite a ballot representing fewer than one-third of the
20,000 eligible voters (55% in favour, 58% turnout),
Coventry MBC looked set to transfer its 21,000 homes to a
new housing group, Whitefriars, in the largest transfer
of a council's housing stock to date. The DETR has agreed
in principle to fund the Council's overhanging debt of
£100 million, to enable the transfer to take place.
- Sixty-three homes in Derby transferred from the Guinness
Trust to Hallmark Community HA, a black and minority
ethnic housing association which previously managed the
properties on the Trust's behalf.
- Hackney LBC's 4-week successful ballot of tenants on its
Pembury Estate (83% in favour, 79% turnout) will see the
homes transferred in March 2000 to the Peabody Trust, in
the Council's seventh and final estate transfer under the
Estates Renewal Challenge Fund programme.
- Lewisham LBC was seeking the transfer of 2,000 homes on
its Forest Hill Estate, where the transfer of 7,000
properties to Hillgreen Homes was rejected in August.
- Tenants of 1,630 homes on two Manchester CC estates -
Heatherway and Racecourse - voted overwhelmingly (93% in
favour, 82% turnout) to transfer to Irwell Valley HA,
which proposes repairs and improvements totalling £19
million in the first three years as part of its total
investment of £ 60 million.
- Tynedale DC became the first authority in the North-East
to complete a whole-stock transfer. A newly established
RSL, Tynedale Housing Ltd, took over its 3,500 homes with
the guarantee that annual rents will rise no more than 1%
above RPI for the next five years, and the promise of a
five-year repair and improvement programme.
Scotland
- Transfer developments affecting Scottish Homes tenants
included:
- Results of the 4-week Cumbernauld ballot demonstrated
tenants' overwhelming backing (90% in favour, 62%
turnout) for the transfer of 1,962 properties to
Cumbernauld Housing Partnership, paving the way for
investment of over £ 5 million in the properties
over the next five years.
- Tenants of 926 homes in the Kilmarnock and Crosshouse
areas of East Ayrshire were voting in a 4-week ballot
(starting early in 2000) on the transfer of their
homes to East Ayrshire Housing Partnership, which has
offered £ 8 million for the ownership and management
of the properties. If the transfer is agreed, tenants
will benefit from new investment in improvement and
repair of their homes, more certainty about future
rent levels and greater participation in the
management of their homes.
- Shettleston HA was due to take over the ownership and
management of the Agency's homes in the Springboig
area of Glasgow, following the successful ballot of
242 tenants (86% in favour, 88% turnout). The
Association plans to invest £ 10 million in
repairing and improving the homes following the
transfer, which is expected in Spring 2000.
- A ballot of tenants in the Irvine area of North
Ayrshire was announced, to be held early in the new
year, which will determine whether or not they wish
to transfer ownership of their homes to ANCHOR -
Ayrshire North Community Housing Organisation - in
June 2000. ANCHOR has offered £ 8 million to take
over the ownership and management of the 824 homes.
Wales
- Caerphilly Council's controlling Plaid Cymru group called
for an all-party seminar on the future of its 13,400
properties as part of its plans to undertake the first
whole-stock transfer in Wales.
- Tenants of Newport Council's prefab properties voted
strongly in favour (87% in favour, 94.2% turnout) of
transferring their homes to Newport Housing Trust. The
550 prefabs will be replaced with new brick-built
bungalows in the first transfer of tenanted homes in
Wales.
January 2000
Big Bang Transfer
The Department of Environment, Transport and the Regions
(DETR) announced that 23 local authorities were bidding to
transfer some 270,000 council homes during 2000/2001. If the
current trend continues over the next decade, councils will be
left with only a minute proportion of the 3 million homes that
they currently own.
Three of the bids alone - by Birmingham, Sunderland and
Walsall - total 161,000 homes - which is more than the total
stock transferred in 1999.
Despite Government enthusiasm, opposition to the scale of the
transfer programme has come from several quarters. It was
reported that the Tenants and Residents Organisations
of England (TAROE) was generally not in favour of the programme
and some of its member associations were considering the option
of mounting legal challenges to the consultation process. Key to
such a challenge would be the inequality between resources
available to local authorities supporting transfer options and to
those groups which oppose them.
Opposition to the enlarged programme also came from Defend
Council Housing, who launched a new national campaign aimed at
opposing privatisation in any form. The pressure group argues
that the £22 billion needed to clear the backlog of repairs to
council property is already available. The councils successful in
bidding for inclusion in the 2000/2001 programme are reported in
March 2000 below.
January 2000
Transfer News in Brief
England
- Calderdale Council tenants were competing for five places
on the shadow Board of a local housing company, which
hoped to ballot the 13,400 tenants on transfer in July
2000.
- Following a successful ballot (75% in favour, 74%
turnout), Newcastle-under-Lyme BC transferred almost
9,900 homes to a new local housing company,
Newcastle-under-Lyme HA. The Association paid £53.7
million for the properties and plans to spend £60
million on improvements and developing 100 new homes over
the next 5 years.
- Southwark LBC, London's biggest social landlord, was
considering plans to transfer its 53,000 dwellings to 10
new community-led social landlords, each of which would
manage some 5,000 properties.
- Sunderland Council hoped to transfer all of its 40,000
homes to one umbrella company, which would break the
DETR's 12,000 home transfer limit. The umbrella company,
while providing central services and an overall business
strategy, would lease the properties to five subsidiary,
locally-run housing companies.
Scotland
- Glasgow Council, which had planned to transfer its 95,000
homes to one giant landlord, appeared to have been
persuaded by Scottish Communities Minister, Wendy
Alexander, to accept the principle of multiple new
landlords, even though this may cost up to £500 million
more than a single transfer.
- Scottish Homes tenants of its 1,097 Toryglen homes voted
on whether or not to transfer ownership of the dwellings
to Thistle Housing Association. Results of the month-long
postal ballot were expected at the end of February 2000.
February 2000
Transfer News in Brief
England
- Birmingham CC invited the HACAS Group to become its lead
consultants to advise on the potential of stock transfer
of its 92,000 homes. The Council aims to transfer its
properties to a new housing regeneration body, which
would in turn lease the stock to a number of community
landlords. It is anticipated that a ballot will be held
in 2001, following detailed planning.
- Liverpool CC announced its hopes to promote the first of
a series of housing regeneration companies, which will
each concentrate on specific neighbourhoods. The company
would be a subsidiary of a Registered Social Landlord
and, as such, be subject to Housing Corporation
regulations.
- Six hundred residents of Macclesfield BC on the Colshaw
Farm Estate will benefit from a £30 million
refurbishment programme, as a result of the transfer of
housing management responsibilities to Riverside HA,
following an overwhelmingly successful ballot (96.7% in
favour, 86.6% turnout).
- Manchester CC announced that it was considering whole
stock transfer, to one or more new landlords. Housing
Director, Eamonn Boylan, hopes that councillors will
decide in principle to transfer all 68,000 dwellings in
view of the government's block on council borrowing for
stock improvement. No final decision, however, was
expected until after the issue of the Green Paper on
Housing.
- North Devon DC formally transferred control of over 3,200
homes to North Devon Homes, which has promised to invest
a total investment of £12 million in the housing stock.
It also guarantees rent increases of no more than 1%
above inflation for the next five years.
- Restormel BC transferred its stock of more than 3,500
dwellings to a new local housing company (LHC) -
Restormel Housing Trust, following a successful tenant
ballot (84% in favour, 79.9% turnout). The LHC paid the
Council £25.1 million to acquire its stock.
- Sheffield CC announced that it was considering a full
stock transfer and already had underway a £400,000
exercise to ballot tenants and draw up detailed plans in
time to bid for the 2001/02 transfer round, if that turns
out to be the preferred option.
- Wrexham CBC, which faces an estimated £60 million repair
and improvement bill, set up a working party, which
includes 8 tenant representatives, to consider the
transfer of its 14,000 dwellings. The working party was
to report in the Autumn, after completing a stock survey.
Scotland
- Scotland's First Minister, Donald Dewar, approved more
than £15 million additional new funding for Glasgow
Council's groundbreaking plans for the biggest housing
transfer in Britain - 95,000 homes - to a single new
landlord.
- Scottish Homes transfer news included:
- The first Scottish Homes' transfer deal of the
millennium saw Antonine Housing Co- operative taking
over 411 houses in East Dunbartonshire and North
Lanarkshire. The Co- operative paid just over £4
million to acquire the stock, in a move backed by 92%
of tenants who voted in a ballot.
- A postal ballot of Scottish Homes' tenants in the
Toryglen area of Glasgow showed that, of the 75%
turnout, 77% were in favour of transferring ownership
of their homes to Thistle HA. The Association offered
£6 million to acquire the 1,070 properties and it
will invest £10 million in a 5-year programme of
repairing and upgrading the homes. Rents will be
restricted to inflation plus 1% for the next twenty
years.
- Of the ten social landlords who originally expressed
interest in acquiring the Scottish Homes' 950
properties in the Hutchesontown area of Glasgow, only
two submitted initial proposals - New Gorbals HA and
Home in Scotland. Home in Scotland then withdrew, as
it was unable to meet the timescales agreed for more
detailed proposals, leaving the way clear for New
Gorbals HA, which is to submit a detailed offer to
take over ownership of the properties. If its
proposals prove satisfactory, it is anticipated that
a tenant ballot will be held early in 2001.
March 2000
Housing Transfer Programme 2000/01
Housing Minister Nick Raynsford announced that 22 local
authorities have been given the go-ahead to transfer all or part
of their housing stock during 2000/01, which could lead to
160,000 council tenants benefiting from repairs and improvements
to their homes.
The programme, which is subject to the approval of tenants
involved, makes proposals to carry out twenty-three transfers of
all or part of council housing stock to Registered Social
Landlords (RSLs) in 2000/01, generating capital receipts of over
£940 million. In most cases, transfer will guarantee that rents
will not rise by more than 1% above inflation for the first five
years.
The authorities who successfully gained a place on the
programme (maximum dwellings involved are shown in brackets),
together with the intended recipient RSL (where known) are as
follows:
- Barnsley MBC to a new subsidiary of Chantry Housing
Association. (Partial transfer).
- Blackburn with Darwen BC (10,126) to a registered social
landlord.
- Calderdale MBC (13,494) to a registered social landlord.
- Chester CC (7,100) to Chester and District Housing Trust.
- Chichester DC (5,510) to Chichester District Community
Housing.
- Coventry CC (22,104) jointly to Whitefriars Homes North
and Whitefriars Homes South. (Brought forward from the
1999/2000 programme).
- East Northamptonshire DC (3,540) to a East
Northamptonshire Housing.
- East Staffordshire BC (6,015) to Trent and Dove Housing.
- Fylde BC (1,964) to New Fylde Housing.
- Horsham DC (4,807) to Saxon Weald Homes Ltd.
- Manchester CC (468 dwelling-houses on the Knutsford
Estate) to Manchester Methodist Housing Association, and
(669 dwelling-houses on the Handforth Estate) to a
registered social landlord. (Partial transfer).
- Mendip DC (4,799) to a registered social landlord.
- Richmond LBC (8,780) to Richmond Housing Partnership.
(Brought forward from the 1999/2000 programme).
- South Bedfordshire DC (6,282) to a registered social
landlord.
- Staffordshire Moorlands DC (3,274) to a registered social
landlord.
- Torbay Council (3,127) to Riviera Housing Trust Ltd.
- Walsall MBC (28,785) to five registered social landlords
which are part of Walsall Housing Group.
- Waverley BC (5,715) to a registered social landlord.
- West Lancashire DC (8,530) to a registered social
landlord.
- West Oxfordshire DC (3,884) to a registered social
landlord.
- West Wiltshire DC (3,438) to West Wiltshire Housing
Society.
- Wycombe DC (7,659) to Wycombe 2000 Housing.
Four of the authorities on the 2000/01 programme - Blackburn
with Darwen BC, Calderdale MBC, Coventry CC and Walsall MBC
expected to have housing debt remaining in their Housing Revenue
Account (HRA) after their stock is transferred.
Sunderland CC and Birmingham CC have applied for a place on
the programme but are being given them more time to develop their
transfer proposals. They are both placed on the 2001/2002
programme.
March 2000
Transfer News in Brief
England
- Burnley BC was given approval to transfer its entire
housing stock of 5,330 homes to a newly established
Registered Social Landlord - Burnley and Padiham
Community Housing Limited. Tenants voted overwhelmingly
last July to transfer their tenancies to the new
landlord, which will lead to a five- year programme of
repairs and improvements. This is the first consent given
for whole stock transfer by an authority with overhanging
debt - made possible by the new arrangements for dealing
with overhanging debt announced to Parliament in December
1999.
- Under the Government's Large Scale Voluntary Transfer
(LSVT) programme, around 4,500 homes are to transfer from
Elmbridge BC to a new local housing company - Elmbridge
Housing Trust. The transfer was supported in a ballot in
which 73 per cent of tenants voted, 66 per cent of whom
supported the transfer. Elmbridge Housing Trust has
agreed to pay £ 56 million for the stock.
- The final two transfers to new landlords under Hackney
LBCs Estate Regeneration Strategy (ERS) took place.
With the transfer of Pembury Estate to Peabody Trust and
the six estates in Stamford Hill to Southern Homes (part
of the Samuel Lewis Housing Trust) the Council has the
record for the highest number of estate transfers in
London. In the last three years, seven estate transfers
in Hackney have resulted in 6,347 council homes being
transferred to registered social landlords. As a result,
by the end of 2005 more than £ 260 million will be
invested in the long-term regeneration of 19 estates. In
addition to much needed housing investment, the transfers
will trigger a range of socio- economic initiatives, from
homework clubs to befriending schemes for the elderly. A
unique Good Practice Group has also been set up, to help
new landlords to achieve their regeneration goals. ERS
partners have been given the opportunity to learn from
each other and benchmark their performance against
indicators developed by residents, the Council and other
partners.
- Around 6,650 Huntingdonshire DC dwellings transferred to
a new local housing company (LHC) - Huntingdon Housing
Partnership. The transfer follows a ballot in which 63%
of tenants voted, of whom 75% supported the transfer.
Huntingdon Housing Partnership agreed to pay the Council
£65.2 million to acquire the stock.
- Manchester CC transferred the Sale Estate (an overspill
estates, located in the Borough of Trafford) to Irwell
Valley HA, following a ballot of tenants in which 93% of
those who took part voted in favour. Many of the
properties have not been improved since they were built
and there has been some structural deterioration. Irwell
Valley HA intends to spend £60 million carrying out a
substantial programme of repairs and improvements.
- Manchester CC tenants on the Whitefield Estate in the
Metropolitan Borough of Bury transferred to Rivers
Housing Association. The transfer of the 1,033 homes
follows a vote in favour by tenants (87% of tenants
voted, with 95% in favour). The Association agreed to pay
the council £1.97 million for the stock.
- All of Tameside Council's housing officially transferred
to New Charter Housing (North) Limited and New Charter
Housing (South) Limited. New Charter Housing North covers
the towns of Ashton, Droylsden, Mossley and Stalybridge.
New Charter Housing South covers Audenshaw, Denton,
Dukinfield, Hyde and Longdendale.
- Test Valley BC announced that it will transfer 5,500
properties to Testway Housing Ltd, which has been
supported in a ballot in which 73% of tenants voted, 69%
of whom supported the transfer. Testway Housing agreed to
pay just under £80 million for the stock.
- More than 1,500 homes on Tower Hamlets LBC's Dinmont,
Bigland, Barnado Gardens, Minerva, Pritchards and
Spitalfields Estates transferred to a new local housing
company - Tower Hamlets Community Housing. This is the
last transfer to be completed under the Government's
Estates Renewal Challenge Fund, which is providing
£21.277 million towards the cost of the scheme.
- Vale Royal BC transferred the 285 dwellings on its Glebe
Green Estate to Muir Group HA under the Government's
Small Scale Voluntary Transfer (SSVT) scheme for under
500 properties. The Association will be spending £6.5
million on an accelerated programme of structural repairs
and improvements to the homes over the next three years.
The new landlord is also setting up the Glebe Green
divisional committee, which will consist of 12 members
(with 50% tenant representation) and will be responsible
for managing the estate. The transfer follows a ballot in
which 81% of tenants voted, of whom 95% supported the
transfer. Muir Group HA agreed to pay the Council
£246,000 to acquire the estate.
- More than 6,000 Wyre Forest DC homes transferred to Wyre
Forest Community Housing, a new local housing company set
up specifically to take on the Council's housing stock.
One third of the Company's Management Board will be made
up of tenants. The transfer follows a ballot in which 66%
of tenants voted, of whom 80% supported the move. Wyre
Forest Community Housing is to pay the Council £40.95
million to acquire the stock.
Scotland
- Scottish Homes tenants in the Irvine area of North
Ayrshire voted overwhelmingly in favour of transferring
ownership of their homes to the new Ayrshire North
Community Housing Organisation (A.N.C.H.OR) ( 91% in
favour, turnout 65%). The move will lead to investment of
£21 million in their houses over the next 30 years.
A.N.C.H.O.R is a newly-established, not-for-profit
partnership organisation whose board is made up of
Scottish Homes tenants, Council members and community
representatives. It offered a total of £8 million to
take over ownership of the 824 properties in Irvine,
Kilwinning and Dreghorn, keeping them available for
social renting.
- Molendinar Park Housing Association paid £1.3 million to
take over ownership of 365 Scottish Homes houses in
Dalmarnock. The move - backed by 66% of tenants who voted
in a postal ballot - paves the way for a range of
benefits for tenants, including investment in
improvements and repairs, more certainty about future
rent levels and a greater say in the way their houses are
managed. Locally-based Molendinar is a
community-controlled association which has been operating
in the East End of Glasgow since 1993. With a reputation
for innovative and high-quality developments, it
currently owns around 200 houses, some of which
transferred from Scottish Homes in 1999.
April 2000
Transfer News in Brief
England
- Chester City Council voted in favour of transferring its
7,000 homes to a new local housing company - Chester
& District Housing Trust. The transfer had already
received support in a tenant ballot.
- West Lancashire Council voted in favour of whole-stock
transfer by a narrow majority of 3 (23 in favour, 20
against). The vote overturns a recommendation against
transfer from the Council's Policy and Resources
Committee.
Scotland
- Scottish Homes tenants in the Kilmarnock area of East
Ayrshire voted overwhelmingly in favour of transferring
ownership of their homes to a new, locally-based
landlord. The move will lead to investment of £10
million in their houses over the next ten years. Results
of two ballots of tenants show that more than 88% of
tenants backed the move to East Ayrshire Housing
Partnership. Average turnout in the two ballot areas was
74%.
- East Ayrshire Housing Partnership made an offer of £8
million to take over ownership and running of the 925
houses in Kilmarnock, Stewarton, Galston and Crosshouse
and keep them available for social renting. East Ayrshire
Housing Partnership is a newly-established,
not-for-profit organisation. It comprises council
members, tenant and community representatives and
business people with an interest in East Ayrshire. In
addition to management board representation from each of
these groups, two Scottish Homes tenants
representatives are also on the board as directors.
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