What is a mutual exchange?
A mutual exchange is a swap of homes between two or more tenants.
All council tenants (provided they are not introductory tenants) and most housing association tenants have a right to exchange properties, provided their landlords give approval.
Mutual exchanges are an extremely fast way to move into a different council or housing association property. You could be in a new home of your choice in less than 9 weeks, whereas you are likely to be waiting many years to bid successfully for permanent accommodation through Camden’s housing register. Last year, over 300 households moved through a mutual exchange in Camden.
You can exchange your property with another Council or housing association tenant anywhere in the country; perhaps to be closer to family or friends or nearer work. You are not restricted to the area that you currently live in and you may be entitled to a payment from the Tenants’ Options Fund if you are exchanging your property with an overcrowded family in Camden.
If you are moving out of borough through a Mutual Exchange; you are not entitled to a Tenant’s Option Fund payment