Legal action may happen

Legal action may be the only way  forward for  Housing Associations if the Government extends right to buy to their tenants, said the former head of the Civil Service.

Sir Bob Kerslake, the chair of Peabody Housing and secretary at the Department for Communities and Local Government reportedly said  “We haven’t ruled out the possibility of legal action.” He also mentioned that in London where the housing crisis is most critical, the government should ringfence the right to buy receipts to build homes or decouple the forced sales of council owned assets.

Local authorities would have to sell off their most expensive council homes to fund the extension further diminishing social-housing stock.

Deputy mayor for housing Rick Blakeway reportedly said that between 2,000 to 6,000 Housing Association tenants would be likely to use their right to buy every year, he added  that if right to buy cash were to be retained in the capital, two homes  with a mix of social and affordable rents for every one sold could be built in London.

Labour has tabled an amendment to the charities bill that would pave the way for a prolonged parliamentary battle over one of the Conservatives most controversial policies, this move will have the support from a cross party group of peers which will include Lord Kerslake who is a crossbencher.

The Tory plans of extending of the right-to-buy to housing asssociation tenants appears to be far away from any conclusion and as opposition grows looks more and more likely not to happen.

 

 

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.

You May Also Enjoy

Rightmove logo
Breaking News

Back-to-school buyer bounce outpaces typical September uplift

New real-time analysis from the UK’s largest property platform Rightmove reveals that buyer demand received a stronger than usual back-to-school boost during the first week of September Buyer demand increased by 5% during the opening week of the month, significantly higher than the average increase of 0.4% seen over the same period during the last…
Read More
Letting Agent Talk

8,500 tenanted homes currently on the market

8,500 tenanted homes currently up for sale as TLP highlights importance of clean client money handovers   More than an estimated 8,500 homes are currently being marketed for sale with tenants in situ across England, according to the latest analysis by The Letting Partnership, presenting landlords with the opportunity to acquire an investment generating rental…
Read More
Estate Agent Talk

Which property types take the longest time to buy?

From complex flats and shared ownership homes to new builds and unusual titles, Lyons Bowe reveals which properties can create the biggest conveyancing workload   The latest insight from Lyons Bowe has revealed which types of property are most likely to require the largest and most complex conveyancing workload, potentially adding more stages to the journey…
Read More
Commercial Agent Talk

Building Site Accidents and Compensation: A Guide for Injured Workers

One mistake, one faulty piece of equipment and an unsafe working setup could cause a construction laborer much more than just aches and pains. One injury can result in medical costs, showing up on working days, reduced income and a path to long recovery. Under certain circumstances, the workers may be entitled to get compensation…
Read More
Estate Agent Talk

First-Time Buyers: Why 4–5 Houses is the Sweet Spot

House hunting before the stress kicks in: Four to five houses is the sweet spot for first-time buyers Just 20% of us feel excited on a first property viewing, rising to 47% by viewings 4 to 5 There’s a U shape trajectory of excitement when it comes to the viewing process However, there is a…
Read More
Breaking News

Two in five mortgage holders switched banks for a better mortgage deal

Of those who have a mortgage and switched banks, 41% did so to get a better mortgage rate deal and 30% did it to receive an incentive related to their mortgage Only 15% of people moving home switched their bank account during the move, while far more switched broadband (46%), energy (38%), and mobile phones…
Read More