Historic Trust Landlords Seek Legal Advice on Right to Buy

Four housing associations established by Victorian philanthropists have taken legal advice on the government’s proposed Right to Buy extension and have ‘not ruled out a challenge’.  Guinness Housing, the Peabody Trust, Affinity Sutton and Southern Housing met recently with top housing lawyers to understand how the policy would affect their historic charitable stock. The four organisations, which together own around 180,000 homes, were all established by philanthropists who invested their fortunes to help house poor residents of London. The organisations have specific governing instruments, with Peabody incorporated by an Act of Parliament in 1948 stipulating that it should work solely in London for the relief of poverty. Read more on Inside Housing.