Stock transfer (housing)
From Wikipedia, the free encyclopedia
Stock transfer is a process whereby the ownership of council housing is transferred to a housing association. The term was first used in the United Kingdom. Here 1.3 million dwellings were transferred between 1998 and 2008.[1]
1988–92
Stock transfer has become an increasingly centralised process.[2] The term social housing was not originally widely used as Council housing outnumbered Housing association housing by about 6:1.[3]
There was no special legislation.[2] Chiltern District Council was the first Council to take up stock transfer.[4] 4,650 homes were transferred.[5]
1993–99
An annual programme was introduced.[2]
From 2000 and the Decent Homes programme
Stock transfer was part of a centrally driven programme. In 2000 when the Decent Homes Programme was brought in by the Labour government 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.[6]