Wednesday, 30 September 2015

Eight Days For Sector To Decide Its Future Under Orr And Clark’s Right-To-Buy Deal

Housing associations have been given an eight-day ultimatum to decide the future of the sector – and of its tenants –after David Orr and communities secretary Greg Clark revealed they’d brokered a deal on Right-to-Buy . The proposed deal  effectively offers housing associations a way to swallow the bitter pill of RTB on their own terms – and indeed to potentially benefit from it commercially – but where it leaves the sector's poorest tenants over the long term is as yet open to question. This is a quid pro quo deal; in return for accepting RTB, it claims to offer housing associations full compensation for properties sold, claims to guarantees the sector's continued independence, and deregulate its operating framework to give it more flexibility in the types of homes its builds. Read more on the Housing Excellence website.

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