Stock transfer (housing)
Stock transfer is a process whereby the ownership of council housing is transferred to a housing association. Between 1998-2008 1.3 million dwellings were transferred in Great Britain.[1]
In New Zealand a program has been announced, the Social Housing Reform Program, which seeks to transfer one third of the state housing stock. The Tamaki Redevelopment Company is the first recipient of a stock transfer, receiving 2,800 state houses in East Auckland, transferred on 31 March 2016. Housing commentator Alan Johnson called the transfers "privatisation by stealth". [2]
Evolution of stock transfer from 1988
Stock transfer has become an increasingly centralised process.[3] The term social housing not widely used as Council housing outnumbered Housing association housing by about 6:1.[4]
1988-92
There was no special legislation.[3] Chiltern District Council was the first Council to take up stock transfer.[5] 4,650 homes were transferred.[6]
1993-99
Annual programme introduced[3]
From 2000
Stock transfer was part of a centrally driven programme.
Decent Homes
In 2000 when the Decent Homes Programme was brought in by the Blair-Brown government (Labour party) the policy also made it possible for local councils to privatise their housing stock via stock transfer to registered social landlords, housing associations or private companies.[7]
References
- ↑ Morris, Charlotte. "Transferring housing stock from council ownership to housing associations, a continuing success". Joseph Rowntree Foundation. Joseph Rowntree Foundation. Retrieved 18 August 2015.
- ↑ Alan Johnson, The New Politics of Social Housing. March 2014. http://www.salvationarmy.org.nz/sites/default/files/uploads/20140723SPPUAlanJohnsonspeechMar14.pdf
- 1 2 3 Pawson, Hal. "Reviewing Stock Transfer" (PDF). University of Toronto. Retrieved 17 September 2015.
- ↑ Pawson, Hal; Mullins, David (2010). After Council Housing: Britain's New Social Landlords. Basingstoke: Palgrave MacMillan. ISBN 978-1-4039-3514-4.
- ↑ "Transfers - Large Scale Voluntary Transfers (LSVT)". The Hidden History of Tenants. Leeds Tenants Federation. Retrieved 17 September 2015.
- ↑ Hetherington, Peter. "Voluntary transfer for social housing celebrates 10 years". Guardian. Guardian. Retrieved 17 September 2015.
- ↑ "Stock Options". Decent Homes Standard. Archived from the original on 2008-06-24. Retrieved 2015-09-17.