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RICHMOND TRANSFERS 9,000 HOMES

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Nearly 9,000 homes will transfer to a registered social landlord after a ballot of Richmond upon Thames LBC's tenan...
Nearly 9,000 homes will transfer to a registered social landlord after a ballot of Richmond upon Thames LBC's tenants and leaseholders.

Under the deal with Richmond Housing Partnership, tenants are guaranteed rent increases limited to inflation plus 1% for a decade and a£51 million investment programme.

Housing committee chair Gita Rae said: 'We can now go forward and ensure that there will always be quality housing at rents that people can afford.'

The partnership's board will include tenant representatives, councillors and independent professionals. Around two thirds of the 7,400 tenants and 1,500 leaseholders who voted supported the transfer on a turnout of just over 60%.
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