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Stock option appraisal

An update on Leicester’s Stock Option Appraisal

Following extensive consultation the majority of our tenants wanted Leicester City Council to retain and directly manage its homes according to the consultant's report. Almost 5,000 tenant households (20% of tenant households) responded to a survey and 92% of these favoured staying with the Council.

The report states that the option for the Council to continue to own and directly manage its stock is a viable option, preferred by tenants. The report concludes that there are enough resources for the Council to reach required government standards and other options were not considered necessary to generate the required resources.