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Wales Co-operative Centre
Canolfan Cwdweithredol Cymru

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Contact Us: 0300 111 5050
 

Benefits of co-operative housing

Housing co-operatives put the householder in control. They bring 4 main benefits to their members:

 

Financial:

  • Tenants control their rents (within their co-op's financial framework)
  • Tenants control service charges
  • Tenants control Value for Money (i.e. the balance between the quality and cost of a service)
  • Tenants control rent arrears
  • Any surpluses made by the co-operative can be used by the co-op to improve the co-op's housing

 

Quality of service:

  • Tenants control the quality of repair service by choosing the contractor who carries out repairs
  • Tenants control the quality of management because managers are directly accountable to them

 

Social:

  • Housing co-ops build communities where people know and assist each other
  • Housing co-ops can reduce vandalism and anti-social behaviour
  • Housing co-ops often organise other services for members, such as child care and social activities

 

Personal:

  • Housing co-ops give members the opportunity of using skills which could otherwise go unused
  • Housing co-ops create opportunities for people to develop new skills which are useful in other walks of life
  • Housing co-ops reduce dependency and give people a stake in where they live