Several large landlords intend to introduce a version of
Pay to Stay following the government’s decision to make the policy voluntary
for housing associations. Family Mosaic, Stonewater and Metropolitan all intend
to implement a Pay to Stay policy, subject to approval by their respective
boards. Some smaller housing associations said they were not going to implement
the policy. One anonymous housing association said Pay to Stay would give it
the ability to release assets and have extra income. However a spokesperson
said the voluntary scheme “leaves it in limbo” as it may struggle to get board
approval for Pay to Stay. Read more on
Inside Housing.
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