A new housing group has been unveiled in Durham following the transfer of ownership of almost 18,500 homes.
believe housing has officially launched signifying the completion of Durham County Council’s housing stock transfer project.
Homes that were previously owned by the council have now transferred to three local landlords – Dale & Valley Homes in the west of the county, Durham City Homes in the centre, and East Durham Homes in the east – who collectively make up believe housing.
The new group structure follows a successful summertime ballot, when 82% of tenants who voted were in favour of the transfer.
Now that the process is complete, tenants can expect to see around £800m of investment injected into the county over the next 30 years, creating new jobs, apprenticeships and training opportunities, and 700 much-needed new homes being built within the next seven years.
Bill Fullen, believe housing Chief Executive, said: “The results of last summer’s ballot told us that tenants wanted to see change, and that’s exactly as a group what we set out to achieve.
“I want people to say that they are proud to call Durham home, and that doesn’t just come from bricks and mortar. It’s about improving lives beyond the garden gate and I’m confident that by working with Dale & Valley Homes, Durham City Homes and East Durham Homes we can achieve this together.”
Pictured above: Joyce Lovack, tenant and Chair of the transfer project’s Customer Working Group, with Group Chief Executive Bill Fullen