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West Whitlawburn Housing Co-operative
West Whitlawburn Housing Co-operative is a Housing cooperative, housing co-operative and registered social landlord on the outskirts of Glasgow, Scotland. Situated in Cambuslang the co-operative is a Public housing in the United Kingdom, social housing provider managing 644 former council housing on the West Whitlawburn estate, housing approximately 2500 residents. As a fully mutual housing Cooperative, co-operative the tenants are members and shareholders and elect a management committee of members to oversee the running of the organisation. Founded in 1989 the co-operative is one of the largest housing Co-operatives UK, co-operatives in Scotland, and one of the few Stock transfer (housing), stock transfer social housing co-operatives not to have been converted into a housing association. History The estate was originally developed at the end of the 1960s by Lanark County Council as one of Glasgow's many new peripheral estates. Construction of the six present-day tower blocks ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Housing Co-operative
A housing cooperative, or housing co-op, is a legal entity, usually a cooperative or a corporation, which owns real estate, consisting of one or more residential buildings; it is one type of housing tenure. Housing cooperatives are a distinctive form of home ownership that have many characteristics that differ from other residential arrangements such as single family home ownership, condominiums and renting. The corporation is membership based, with membership granted by way of a share purchase in the cooperative. Each shareholder in the legal entity is granted the right to occupy one housing unit. A primary advantage of the housing cooperative is the pooling of the members' resources so that their buying power is leveraged; thus lowering the cost per member in all the services and products associated with home ownership. Another key element in some forms of housing cooperatives is that the members, through their elected representatives, screen and select who may live in th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
