Last updated 05/02/2013
Large Scale Voluntary Transfer
Large Scale Voluntary Transfer involves a Local Authority transferring the ownership of its housing to a housing association with the agreement of its existing council tenants.
It is the process by which Chorley Community Housing Ltd was formed in 2007.
Transferring tenants are made commitments in an Offer Document to improve the standard of their homes and services.
Successive governments have promoted Large Scale Voluntary Transfer as a solution to raise the standards in housing without adding to government borrowing.
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