The Government is coming under increased pressure to
change tack on housing policies, after it suffered a further defeat in the
Lords and offered new concessions on the Housing & Planning Bill. Under the provisions of the Bill, councils are expected
to sell their high value stock and a proportion of the proceeds surrendered to
the Treasury to pay for the scheme’s extension to housing associations. Peers
took issue with this, the concern being that the Bill opened the way for
ministers to change the payment regime at will. Consequently, they backed an
amendment that forces the Government to seek parliamentary approval if they
wish to change the rules on right-to-buy proceeds. Read more on the Housing
Excellence website.
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