NHF comes up with new plan for RTB

September 25, 2015

A follow on to yesterday’s “Breaking News” Item where we mentioned Liberal Democrat leader Tim Farron telling his party faithfulls at their conference that he is totally opposed to the right to buy scheme being extended, and that he would do everthing he can to stop the government from implementing it, well it may not be that easy.

The government may not have to legislate to extend right to buy to 1.3 million more tenants, after housing associations put forward their own voluntary proposals, that is after they were initially opposed to the scheme, their proposal would avoid having to sell the homes by law

In a statement by The National Housing Federation (NHF) they reportedly said, “Crucially, as the associations would not be compelled to sell stock under legislation, but entering an arrangement voluntarily with Government, the independence of the sector would be maintained,” in the (NHF) plan the discount would be fully funded by the government and every property sold replaced with another housing association home.

The Government said it would consider the plan offered by the NHF, however before ministers can decide on the measure, it must first be accepted by the NHF’s 1,10 member associations over the next week.

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

Software & Tech

Software GDTJ45 Builder Problems: Causes, Solutions, and Best Practices

If you’ve been using GDTJ45 Builder software, you might have noticed it’s not always as smooth and reliable as expected. From installation errors to unexpected crashes and slow performance, many users experience problems that can disrupt workflow, delay projects, and cause frustration. This article will walk you through the most common GDTJ45 Builder problems, explain…
Read More →
Breaking News

Developers draw confidence from improving lending landscape

Jonathan Samuels, CEO of Octane Capital, believes that improving conditions across the lending landscape have helped to boost developer confidence heading into a new year, despite a number of challenges still remaining, with specialist finance remaining a key weapon in their arsenal. The latest survey of UK property developers, commissioned by specialist lender Octane Capital,…
Read More →
Breaking News

Happy New Year! UK construction performance finishes 2025 on a high

GLENIGAN INDEX: UK construction starts 2026 on a stronger footing with 2025 concluded with a significant increase in project starts during the Index period The value of project starts increased by 7% during Q.4, but remained 7% below 2024 levels. Residential construction starts declined by 2% in the preceding three months and by 20% against…
Read More →
Breaking News

Prime London homeowners unmoved by mansion tax

The latest look at prime London property supply from Jefferies London has shown that the volume of homes priced at £2m or more listed for sale across Prime Central London (PCL) fell by -9.3% during the fourth quarter of 2025, but £2m+ homes still account for 35% of PCL stock. Jefferies London analysed current for-sale…
Read More →
Breaking News

2026 Predictions for the Auctions Sector

Daniel Gale, Head of Auctions, First for Auctions, part of LRG “As we enter 2026, market conditions are expected to mirror those seen last year. Buyer confidence remains cautious, borrowing costs are still high, and lenders continue to tighten criteria. This ongoing pressure on private treaty sales is driving more sellers towards auction as a…
Read More →
Breaking News

First-time buyer demand edges higher in Q4

The latest research by Yopa has revealed that first-time buyers are beginning to return to the market, encouraged by stabilising interest rates and the base rate cut seen in December, with demand edging higher during the final quarter of the year. Yopa analysed first-time buyer (FTB) demand based on the proportion of homes listed under…
Read More →