Housing Associations until Friday to vote

Housing association tenants will be able to buy their homes under the Right to Buy scheme if a government deal is approved this Friday.

Just last week at the National Housing  Federation’s Annual Conference, David Orr, the chief executive  sought the consent of  members to put forward a voluntary offer to the government on Right to Buy.

He has brokered a deal with communities secretary Greg Clark that will see plans to make it compulsory for housing associations to offer right to buy scrapped, with instead  housing associations agreeing to voluntarily approve the sale of their homes to any tenants who wish to buy them.

Housing Associations in the UK have until Friday to vote on the proposal.

 

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

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