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Our Mutual Friends. Dr Christopher Handy OBE. Group Chief Executive Accord Group. Context. New regulator New investor Dynamic and changing political scene Recession Dramatic housing market Commission on Co-operative & Mutual. Housing. Tenure breakdown reminder (England):
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Dr Christopher Handy OBE Group Chief ExecutiveAccord Group
Context New regulator New investor Dynamic and changing political scene Recession Dramatic housing market Commission on Co-operative & Mutual
Housing Tenure breakdown reminder (England): • 70% owner occupation • 14% private renting • 9% local authority social housing • 7% housing associations
Housing Association Values Social businesses Meet needs Not for profit Neighbourhoods Customers Excellence Work with and for communities And provide public services
Co-operative Housing Less than 0.1% is co-operative housing compared to for example: • 20%+ in Sweden • 15% in Norway • 14% in Denmark • 12% in Germany
An Emerging New Mutualism Primary – Coin Street, Starley in Coventry Secondary co-operatives – CDS, BCHS Tenant led and controlled housing organisations – WATMOS and Castle Vale Tenant led Arms Length Management Organisations – Kensington and Chelsea Gateway – Preston Co-housing Commercial – Matrix Housing Partnership
Mutual Housing Movement? CCMH has brought strands of mutual housing organisations together and clearly this is the beginning of a mutual movement in housing
TSA – Co-regulation Significant changes in regulatory bodies – Tenants Services Authority (TSA) demanding more tenant choice and involvement How can housing associations perform better and be even more accountable to customers? Key drivers to help more mutual organisations to form or emerge So far, no Right To Manage for RSL tenants – would be a brake on the formation of new mutual's
Case Study: Redditch Co-op Homes A successful initiative which has continued to grow and which offers co-operation at several levels: • With a mainstream housing association (Accord) • Co-op Bank • Housing co-operatives • Local authority relationship • Credit Unions • International co-operation (Norway) • Private builders and developers • with democratically elected representatives as a joint venture • Redditch Commonwealth
Commission on Co-operative & Mutual Housing Report due autumn 2009 Significant participation from across co-op and mutual sector, plus housing associations, National Housing Federation Interest from senior government officials and involvement of MPs Evidence hearings held across England Current climate ripe to promote co-op and mutual housing alongside other tenures
Dr Christopher Handy OBE Group Chief ExecutiveAccord Groupchiefexecutive@accordha.org.uk 0121 500 2334