About Waltham

WERMOs Mission Statement:

'From an acorn to a tree, building a better, safer and stronger community'

Waltham Estate Residents’ Management Organisation (WERMO) is responsible for the housing management functions of 238 tenanted and leasehold properties. The services provided are governed by a Management Agreement between WERMO and Lambeth Council.

WERMO was established in April 2003 and is accountable to a group of elected board members - residents who live on the estate - who decide on how best to manage the services.

WERMO aims to provide residents with a comprehensive, high quality local landlord service that ensures value for money and equality of opportunity. WERMO seeks to make sure their residents live in a warm, dry and well maintained property and that they are able to do so peacefully.

WERMO’s properties are in need of substantial investment to achieve the decent homes standards by 2012/13. With this objective, in mind, a partnership with three other resident management organisations has been formed, creating United Resident Housing, a tenant led Arms Length Management Organisation (ALMO) in a bid to secure additional funding from central government.

To secure this additional funding the ALMO must attain at least a two-stars rating in the June 2008 Audit Commission Inspection (see January 2007 Newsletter).