What does Tower Hamlets Homes mean for council tenants and leaseholders?
In some ways there is no change for residents. There is no change in tenancy or lease arrangements for tenants and leaseholders. The stock remains in council ownership. Tenants are still council tenants, with their existing council tenancies, and leaseholders remain council leaseholders, with their existing leases. Tenants’ and leaseholders’ rights do not change. There are, however, real benefits for residents – extra money for repairs to your homes, a focus on improving our services, and real involvement in the running of the organisation. extra money: Tower Hamlets Homes brings the potential for millions of pounds of additional government investment for peoples’ homes. service improvements: because the additional funding is dependent on a 2-star, or good, rating from the Audit Commission, there is a real focus on service improvement and providing value for money. resident involvement: Tower Hamlets Homes is governed by a board made up of one third residents – three tenants and two le
