Wishaw and District Housing Association is proposing a partnership with Trust Housing Association that would deliver a range of benefits for tenants, staff and others including improved rent affordability and more investment in your homes and local environment.
The partnership would involve Wishaw and District Housing becoming part of Trust. This is known as a transfer of engagements. It would mean that Wishaw and District no longer exists as a Housing Association. Trust would be responsible for the home and services we provide you.
Who are Trust?
Following a competitive process, Trust were unanimously selected by Wishaw and District tenants, staff and Board members as our 'preferred partner'. Just like Wishaw and District, Trust is a registered social landlord, regulated by the Scottish Housing Regulator. They are also a charity and not-for-profit organisation. Trust is a national housing association and provides homes and services to their tenants across 23 local authority areas in Scotland. They already provide homes in North Lanarkshire area, including Wishaw, Motherwell and Airdrie. If the proposed transfer goes ahead, over one third of Trust's homes would be in North Lanarkshire. www.trustha.org.uk
After detailed and careful consideration, in consultation with others including tenants, the Wishaw and District Board have established that remaining independent is not a sustainable option and believe that the proposed partnership with Trust will do much more for tenants.
The proposed partnership with Trust provides great benefits for Wishaw and District tenants - the offer from Trust has been shaped by the view of tenants. These benefits include a commitment to:
- improve rent affordability - a three-year rent and service charge freeze, followed by a five year rent and service charge guarantee at increases of inflation only.
- Invest £3million more in your homes and local environment.
- Continue to provide excellent services, delivered by your local staff from the Wishaw office.
- Provide access to a wider range of services.
- Build new homes on the Main Street site in Wishaw, subject to planning and Scottish Government funding.
The transfer to Trust and the benefits will only happen if a majority of Wishaw and District tenants vote for it. If our tenants vote not, the Scottish Housing Regulator will have to decide what actions it takes. It has the powers to advance a transfer of assets to another housing association which could mean less favourable offers for our tenants to the one we have developed with Trust.
So what happens next?
The Stage 1 Consultation Notice was shared with all tenants during May.
The Stage 2 was sent to tenants during July, to make you aware that we have made no changes to the stage 1 proposal.
The ballot period runs from 19 August 2019 to 5.00pm on 16 September 2019. The transfer will only happen if a majority of tenants vote for it.