retlaw my knowledge is a bit shaky on this one but I believe there is not actually any sell off, just the council transferring ownership to supposedly the best choice by council and then tenant vote. The reason stock transfers happen is due to the council's being unable to raise the capital to get all their housing up to the
Decent homes standard 2010
In Blackburn with Darwen,
Twin Valley Homes was a new company specifically created for this purpose and since 2001 have gone from strength to strength, taking on Pendle Housing and now joining forces with other Housing assoc's to become part of the bigger "Together Group" (yes I know the names makes me cringe too!!!).
Sadly Twin Valley came in second when applying for the Hyndburn stock transfer due to the tenants voting more towards Contour
