Housing transfer goes ahead on Monday

The transfer of Ceredigion’s 2600 council houses and flats to the new housing association Tai Ceredigion will go ahead on Monday following a meeting of the Tai Ceredigion board today.

Although the date of transfer had been announced two weeks ago it became apparent that there were still considerable negotiations to be undertaken before all aspects of the transfer could be agreed. From their point of view, Tai Ceredigion were determined to avoid a financial settlement that would have restricted their ability to undertake the £40 million worth of improvements needed over the next five years to fulfil the all-important Welsh Housing Quality Standard. Agreement on the key issues was finally reached this week after officers and legal representatives of both organisations worked round the clock.

A formal signing of documents and transfer of the council’s housing staff will now take place as hoped on 30th November, a year after tenants voted to accept the idea.