Friday 2 October 2015

What If London Housing Associations Reject Tory Right To Buy Deal?

Islington’s James Murray is one of several politicians opposing the NHF proposal that HAs should sign up to a voluntary RtB and he’s sent his borough’s HAs an interesting letter. He first seeks to persuade them that the forthcoming Housing Bill can be moderated or even defeated with the help of the House of Lords and London Tory MPs. He then floats a further reason to say no to the Tory-NHF deal: “We try to make sure that when we offer funding or other support for new developments, the benefit of that support is retained within our borough. If the majority of housing associations sign the government’s agreement, it is unclear how those who do not sign will be affected. However, if it means they remain exempt from the Right to Buy, it would leave them in a particularly strong position to reassure us that the benefit of any funding, land, or other support we put into their new development schemes will stay within our borough in perpetuity. We would welcome this reassurance when deciding how best we can use our resources.” Read more on the Guardian website.

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