Thursday, 16 February 2017

Right To Buy Extension To Companies Could Reduce Affordable Development

Councils could reassess plans to build affordable rented homes through housing companies after the government said the Right to Buy should apply to these homes. The government’s Housing White Paper said where a council has placed a tenant in an affordable rented home they should have the right to buy this property. Inside Housing understands the government has not decided the legal mechanism it could use to compel councils to sell company-owned homes through Right to Buy. These companies are registered as private businesses, and sit off the council and national balance sheet as a result. Read more on Inside Housing.

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