Housing associations cannot be compelled by regulators to
sell their homes under the Government’s implementation of its Right To Buy
extension, the housing minister has confirmed. Brandon Lewis told MPs that the
voluntary deal would not initially be backed by new regulatory powers to force
social landlords to give away their stock at large discounts. The confirmation means that housing
associations who have raised concerns about the policy’s impact on their
finances and ability to build homes may be able to resist taking part of the
sell-off. Mr Lewis said that though new legislation meant housing associations
had a general duty to “promote home ownership” the Housing Ombudsman would not,
at least initially, be able to force them to sell a home. Read more on the
Independent website.
No comments:
Post a Comment