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Sanford Housing Co-operative was born as a pilot project following five years of intensive lobbying. [2] The original idea was outlined in a paper [9] by the President of the University of London Union John Hands published in March 1967, proposing self-governing co-operative communities as a solution to the housing crisis affecting students and others.
The British co-operative movement is most commonly associated with The Co-operative brand (best known for its supermarket and Funeralcare brands) which has been adopted by several large consumers' co-operative societies; however, there are many thousands of registered co-operative businesses operating in the UK. [3]
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There are also initiatives at various stages of development to establish housing co-operatives in Glasgow, [19] Manchester [20] and Bristol. [21] All operating coops and initiatives are members of Students for Cooperation, a UK wide federation of student co-operatives which includes a number of other groups across the UK working to establish ...
The co-operative manages a property on Pershore Road in Selly Oak, Birmingham. The property is leased from The Phone Co-op who acquired the property on behalf of the Housing Co-operative through its 'Co-operative and Social Economy Development Fund'. The co-operative is a member of Students for Cooperation, a federation of student co-operatives ...
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The co-operative's Management Committee are all tenants and have had training and support to run this organisation which has a turnover of almost £750,000. The co-operative is a Registered Society under the Co-operatives and Community Benefit Societies Act 2014, a former Industrial & Provident Society (IPS) regulated by the Scottish Housing Regulator and the Financial Conduct Authority.
Housing co-operatives are uncommon in the UK, making up about 0.1% of housing stock. [29] Most are based in urban areas and consist of affordable shared accommodation where the members look after the property themselves. Waiting lists can be very long due to the rarity of housing co-operatives.