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

Estate Agent Talk

Tackling Empty Properties

A UK Perspective on Best Practice and Recommendations for Reform Propertymark, the UK’s leading professional body for property agents, has today published a comprehensive new position paper highlighting the urgent need for coordinated, practical and properly resourced action to bring long-term empty properties back into use. With over 359,000 homes sitting empty for more than…
Read More →
Breaking News

Pet-friendly rentals plunge 39%

New research from Inventory Base reveals that the number of pet-friendly rental homes in England has fallen by -39% since the start of 2026, as landlords appear to be reducing the number of homes openly marketed as allowing pets ahead of the Renters’ Rights Act taking effect from 1st May. The Renters’ Rights Act (RRA)…
Read More →
Breaking News

Latest Nationwide house price data showing a 2.2% increase

Industry reaction to Nationwide house price data showing UK annual house price growth picked up to 2.2% in March, from 1.0% in February. Nathan Emerson, CEO of Propertymark, comments: “An uplift in house prices will be welcomed by the market and suggests that buyer demand remains resilient despite ongoing economic headwinds. Improved sentiment, coupled with…
Read More →
Breaking News

UK house price growth picks up in March

UK annual house price growth picked up to 2.2% in March, from 1.0% in February Northern Ireland best performing area in Q1 2026, with prices up 9.5% year-on-year Outer South East weakest performing region, with prices down 0.7% compared with Q1 2025 Headlines Mar-26 Feb-26 Monthly Index* 552.6 547.7 Monthly Change* 0.9% 0.3% Annual Change…
Read More →
Breaking News

Mortgage approvals up in February

The latest mortgage approval data from the Bank of England show that: –   Mortgage approvals on house purchases for February sat at 62,584 up (3.9%) from 60,246 seen in January. Approvals are down (-3.9%) when compared to the 65,114 seen in February 2025. This annual decline was expected due to wider market slowdown and economic…
Read More →
Breaking News

Pain for landlords as buy-to-let borrowing costs soar

Buy-to-let fixed mortgage rates are soaring due to unrest in the Middle East, according to Moneyfactscompare.co.uk. Landlords also face further financial challenges over the next few years, to meet new private rental rules. Average buy-to-let fixed rates over a two- or five-year term have risen since the start of March 2026. The two-year rate is…
Read More →