DCLG publishes final regulations for 'right to transfer' in social housing

The right will mean social tenants who want to see their homes owned, managed and maintained by a housing association rather than a council can request a change of ownership.

The scheme is intended to “make it easier for tenants to take the lead locally – either by taking over responsibility for managing housing services, or by exploring options for transfer from their local authority”, the DCLG said.

Housing associations will be required to demonstrate how any deal will offer value for money for taxpayers, as well as the building of new homes and the improvement of existing stock.

Ministers said up to £430m in government funding would be provided in appropriate cases to cover the costs related to the transfer.

The DCLG, the Homes and Communities Agency and the Greater London have also launched a consultation on a draft housing stock transfer manual that sets out the proposed process and criteria applicable to stock transfer applications.

Housing Minister Mark Prisk said: “The new Right to Transfer is a win-win offer for tenants, giving them the chance to decide who owns and manages the homes they live in, and a commitment to new affordable homes being built in their area.

“I want to see tenants making full use of the rights at their disposal, and councils standing ready to work with them to maximise any deal’s potential to meet local housing need.”

More details on the right to transfer and right to manage regulations and the consultation on the housing transfer manual can be viewed here and here.