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Originally Posted by harwood red
I can only speak by working for a housing association that took over council properties in voluntary stock transfer and part of the agreement is that the rents cannot be raised by more than 1% above inflation and 4 years later our rent is still way below other registered social landlords rents. We have also just completed year 3 of improvements to the housing stock which includes new kitchens, bathrooms, heating, double glazing but one point I can make is that alot of these improvements do NOT include fencing as we have prioritised the actual properties. We have an ongoing assessment of fencing and I am hoping we will be improving them over the years to come. We send questionnaires to all tenants every other year to ask them how they think we are doing and YES we do act on things people are not happy with. Saying all this I am unsure of whether this is what will happen with Hyndburn Homes but thought you might like to hear another side.
ps All the staff who worked for the council housing had the option to tranfer over to the new company
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i have no idea how this works but my understanding of the rent benifit is as follows and may be wrong
council owned property - rent benefit paid by council to tennants who then pay the money back to the council as rent so in theory the council get the money back
council property sold to housing assosiations - council pay rent to tennants who then pay rent to the housing assosiation and make the directors of the companies rich
would that be a fair assesment of how the money travels , like i said i dont know for sure how it works but that seems a sensible if not acurate guess