Increasing the borrowing capacity of stock transfer housing associations

Read our response to the consultation on increasing the borrowing capacity of stock transfer housing associations.

11 September 2015

Our members provide two and a half million homes for more than five million people, and nearly half of these homes are the result of transfers from local authorities. The majority of transferred homes are owned by Large Scale Voluntary Transfer housing associations (LSVTs).

In our response we make clear:

  • the borrowing capacity of LSVTs is restricted by how transferred homes are valued for loan security purposes 
  • this limits the development potential of these housing associations, thereby obstructing the delivery of the affordable homes
  • the briefing includes case studies from 14 housing associations
  • this revealed the potential benefit of a change the Government could make to be an additional capacity to deliver in excess of 18,000 new homes.