Friday, 19 June 2015

Ministers Meet Sector in Right to Buy Negotiations

Ministers have opened high-level talks with the sector on the Right to Buy extension, as housing associations made the receipt of full compensation for homes sold a ‘red line’. Chief executives from across the country were invited to a private meeting to discuss the policy with communities secretary Greg Clark and housing minister Brandon Lewis. The ministers were urged to make the policy voluntary and warned they would face a severe backlash from the sector unless full compensation is offered. Sources close to the meeting said the ministers had given the impression that key details, including the level of compensation housing associations will receive, were still ‘up in the air’. Read more on Inside Housing.

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