Monday, 7 December 2015

Thousands Of Homes Face RTB Exemption

Housing associations could exempt hundreds of thousands of homes from the Right to Buy extension, including any built as a result of a planning obligation. Five housing associations - Riverside, L&Q, Sovereign, Saffron Housing and Thames Valley - launched a Right to Buy pilot last week, providing the first evidence of how the voluntary deal is likely to work. The landlords are free to decide which properties to exempt. Those excluded will include homes built under a Section 106 deal or for any form of specialist housing.This freedom is likely to apply when the full Right to Buy (RTB) extension is rolled out in April - with Section 106 homes set to remain exempt in most cases. Read more on Inside Housing.

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