Abstract
The-study shows that council housing stock transfer has been recently implemented as a way for council estate regeneration,not as a privatisation. Through the transfers local housing companies (LHCs) have been established. It has implicated that the characteristics of the transfers has been changed. LHC is regarded to be more accountable than existing housing associations and more acceptable to local authorities (LA) and tenants. LHCs have taken wider role in housing and urban regeneration. As LHC has been established, the role of LA has concentrated to strategic one. It is necessary for LHC, LA and local community to make partnership for comprehensive regeneration through the transfer.
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