Cairn

Our Partnership with Cairn Housing Association

ANCHO tenants have voted overwhelmingly in favour of a new partnership with Cairn Housing Association which will deliver accelerated investment in homes and a five-year rent guarantee with services still being delivered in the local area.

The ballot closed on Friday 15 June and once counted by the independent Electoral Reform Service, 94.2% of votes were in favour of the partnership on a turnout of 60.8% which is considered exceptionally high for a ballot of this kind.

The partnership will see us become part of a larger Cairn Group with around 4,000 homes across Scotland. The partnership will bring considerable benefits to our tenants, including:

Local services from the ANCHO team in Irvine, with support from Cairn
£4.5m in additional investment in ANCHO‘s communities from the Cairn Group, with hundreds of new kitchens and other home improvements
An affordable rent guarantee for five years, with lower rent increases than proposed by a stand-alone ANCHO
The potential to develop new affordable homes in North Ayrshire

The results of the ballot will now be considered by the ANCHO Board and then the Scottish Housing Regulator. Shareholders of ANCHO will then be invited to approve the necessary changes to our company rules at a Special General Meeting to formalise the wishes of residents and give effect to their views on the partnership.