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
Beach hut values fall for second consecutive year
The latest research from Yopa has found that beach hut prices have fallen for the second consecutive year across the UK’s most sought-after coastal locations, as the extraordinary growth seen in the years immediately following the pandemic continues to unwind. Yopa analysed the average asking price of beach huts across eight of the UK’s most…
Read More 
Burnham’s property and land tax: what would it mean for property owners?
With reports suggesting that property and land taxes could be on the cards under Burnham, Simon Gerrard, Chairman of Martyn Gerrard Estate Agents, comments on what these proposals could mean for homeowners, particularly those in London who are likely to bear the brunt of any changes, given the capital’s significantly higher property values. On uncertainty:…
Read More 
Homebuyers can save up to 47% by looking next door to the UK’s priciest postcodes
New research reveals how much less buyers could pay in postcodes neighbouring the UK’s most expensive locations Homes in these neighbouring areas are 28% cheaper on average, with the biggest gap reaching 47% in the North East Significant savings also seen in London, Scotland, Wales and Northern Ireland Homebuyers could save up to 47%…
Read More 
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