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GHA transfer valuations "Unfair to tenants"

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June 6 2008

The Scottish Housing Regulator has today issued an assessment of the Mazars Report, which analysed Glasgow Housing Association's stock transfer valuations, whcih established that the transfer valuations were unfair to tenants.

The Glasgow and West of Scotland Forum of Housing Associations, whose members are engaged in Second Stage Transfer of housing stock initially transferred to GHA, commissioned chartered accountants Mazars to undertake the review.

"I have spoken this week to GHA and the Forum and made it clear that both them and the other Local Housing Organisations involved in Second Stage Transfer must now get round the table and agree a way forward," said communities minister Stewart Maxwell.

"We are all agreed that fairness for tenants is crucial when setting transfer values. What's important is that tenants get the opportunity to decide on an actual transfer proposal as soon as possible." 

A copy of the Scottish Housing Regulator report is available at the following link:

http://www.scottishhousingregulator.gov.uk/stellent/groups/public/documents/webpages/shr_homepage.hcsp

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