Couple with child near me, offered a 2-bed bungalow in social housing!

leveller2911

lighting_up_the_chalice wrote: »

Many HA tenants who were not former LA tenants have the right to buy via their "right to acquire". Here are a couple of examples in your area:

http://www.moat.co.uk/Residents/I_rent_a_property/Buying_the_home_you_rent_from_Moat/

http://www.sanctuary-housingeast.co.uk/publications





I'm not disagreeing with you, just pointing out there are issues with the scheme and its far from perfect.

Regarding the Right to Acquire.You are correct in that there are such schemes however those schemes all depend upon the date the houses were built. For instance if the Social Housing was built between 1989-97 then tenants do not have the right to acquire.

lindsaygalaxy

They could have a local connection to the village which would put them nearer to the top. Also, we have been on the council list for nearly 8 years, and we are still paying huge amounts in private rent. I dont want to live in one long term, just long enough to be able to save a deposit.

lighting_up_the_chalice

leveller2911 wrote: »

I'm not disagreeing with you, just pointing out there are issues with the scheme and its far from perfect.

Regarding the Right to Acquire.You are correct in that there are such schemes however those schemes all depend upon the date the houses were built. For instance if the Social Housing was built between 1989-97 then tenants do not have the right to acquire.

My personal opinion is that there should be no RTB/A. That would resolve any inequalities or issues within the system. If the government want to promote SH tenants into home ownership, perhaps they should provide grants for them to buy on the open market rather than discounts for the existing property?

POPPYOSCAR

lighting_up_the_chalice wrote: »

The tenants. They DO pay rent.

So you are saying that it costs the taxpayer nothing and is covered by the rent?

leveller2911

lighting_up_the_chalice wrote: »

My personal opinion is that there should be no RTB/A. That would resolve any inequalities or issues within the system. If the government want to promote SH tenants into home ownership, perhaps they should provide grants for them to buy on the open market rather than discounts for the existing property?

Couldn't agree more with you.Around 10 yrs ago they did have a grant scheme running to try and free the Social housing stock.In our area the grant was £16k towards buying a house on the open market.This was far better than the schemes they keep inventing such as Homebuy etc.
We will always need Social Housing and more of it but sadly the Government seem hell bent on making the tax payer the guarantor for mortgages for people , many of whom cannot afford to buy. If they can't save a decent deposit (20% minimum) they they shouldn't buy.

We should also stop this stigma we have with renting in this country.For some ridiculous reason if your a tenant with no debts but £35k in savings you are seen as a higher risk by the credit reference agencies than someone who has a mountain of debt but has a mortgage.There shouldn't be any shame in renting and most people in Germany and France rent .

lighting_up_the_chalice

POPPYOSCAR wrote: »

So you are saying that it costs the taxpayer nothing and is covered by the rent?

Pretty much, yes. Most HAs actually run at a surplus (or profit).

POPPYOSCAR

lighting_up_the_chalice wrote: »

Pretty much, yes. Most HAs actually run at a surplus (or profit).

They why do they not buy more housing stock as there is such a great need?

leveller2911

lighting_up_the_chalice wrote: »

Pretty much, yes. Most HAs actually run at a surplus (or profit).

Have you got a link for that LUTC?. I know a few months ago there were at least 6 HA providers on the Governments watchlist for possibly going insolvent.

Be interesting to know how much surplus Sanctuary Hereward are running at if any..They really are a bunch of incompetant amateurs who couldn't organise an orgy in a brothel...

POPPYOSCAR

lighting_up_the_chalice wrote: »

The tenants. They DO pay rent.

http://web.dacorum.gov.uk/home/housing/strategic-housing/housing-development/housing-associations?


"How are Housing Associations funded?

Housing Associations are independent of the Council. Part of their funding comes from Government via the Housing Corporation, which pays a grant towards the cost of building new homes. Additional costs are made up through loans from banks and building societies.

They are non profit making, and any surplus funds remaining at the end of the year must be put back into the association".


So not completely self- sufficient.

leveller2911

Hasn't the way in which they are funded changed now and this is why many are looking to offload their housing stock via shared ownership etc and create an income stream?