Housing Associations until Friday to vote
September 30, 2015
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.
You May Also Enjoy
Your First-Time Buyer Mortgage Journey
Introduction Buying your first home is one of the biggest financial decisions you’ll ever make, and the mortgage process can feel like a maze of unfamiliar terms, forms and waiting. The good news is that mortgages for first-time buyers follow broadly the same path, and once you understand the stages involved, the process becomes far…
Read More 
London property values set to fall
The latest market analysis from House Buyer Bureau has found that London is now the only region of Britain where house prices continue to trend downwards, with the average home in the capital forecast to lose almost another £5,000 in value before the end of the year should current market conditions persist. House Buyer Bureau…
Read More 
London property values set to fall
The latest market analysis from House Buyer Bureau has found that London is now the only region of Britain where house prices continue to trend downwards, with the average home in the capital forecast to lose almost another £5,000 in value before the end of the year should current market conditions persist. House Buyer Bureau analysed…
Read More 
Second-steppers turn to higher LTV mortgages as deposits fall
Barclays mortgage data shows the average value of home movers’ (non-first-time buyers) deposits fell -24.8 per cent year-on-year However, the average purchase price for home movers increased 1.0 per cent year-on-year in June, as borrowers make use of higher loan-to-value mortgage products to climb the ladder 34 per cent of prospective second-steppers say they feel…
Read More 
Breaking Property News 23/7/26
Daily bite-sized proptech and property news in partnership with Proptech-X. Guide to AI in Commercial Real Estate: Executive Summary by Ascendix AI in commercial real estate – a beginners manual Wes Snow, co-founder & CEO of Ascendix Technologies, ”Approximately 75% of US real estate companies have already started using AI in their operations in…
Read More 
Conservatories fall out of fashion
Conservatories fall out of fashion as fewer than one in 10 homes boast the former must-have feature The latest market analysis from eXp UK has revealed that conservatories appear to have fallen out of favour with England’s homeowners, with fewer than one in 10 properties currently listed for sale offering the once-popular home improvement.…
Read More