right to buy housing association tenants

Barter

Barter wrote: »

In the Tory manifesto: Right to buy social housing at a discount.
Not in Tory manifesto: Abolishing student maintenance grants.

Which one has been actioned already?
What does that tell you?

In the Tory manifesto: continue free school meals for infants.
Already backtracking on that.

What does that tell you?

Marie2015

Another party political broadcast by the Labour party I see. Posters come here for advice, not a political rant. Labour lost the election, get over it.

Back to the OPs question, it looks like an announcement about the extension to the right to buy will be made in the Autumn. A lot of work going on behind the scenes it seems.

From their FB page "There have been recent announcement to extend the scheme to Housing Association tenants. However, we are currently unable to confirm the criteria for the extended Right to Buy as these plans are yet to be confirmed. The proposal will need to follow the Parliamentary process for approval. Details of the Bill will be published in due course, and the Government will introduce the Bill later this Parliamentary session."

Marie2015

zeoknight wrote: »

Hi All,

With the slim majority to the conservatives today, does anyone want to take a gander at the timeframe for allowing housing association tenants to buy their own home to come into fruition?

I know this is the sort of question like 'how long is a piece or string?' but just curious how, in reality complicated this change is - i.e. will it take months or years to sort out.

Cheers,

Tenants can start to buy their homes from next year
https://www.gov.uk/government/news/historic-agreement-will-extend-right-to-buy-to-13-million-more-tenants

You can now sign up for more information here. https://righttobuy.communities.gov.uk/am-i-eligible/housing-association-tenants/

Pixie5740

!!!! you Cameron

fairy_lights

Marie2015 wrote: »

Tenants can start to buy their homes from next year
https://www.gov.uk/government/news/historic-agreement-will-extend-right-to-buy-to-13-million-more-tenants

You can now sign up for more information here. https://righttobuy.communities.gov.uk/am-i-eligible/housing-association-tenants/

Well, that's pretty sh*tty news for anyone who needs social housing in the future.

leveller2911

fairy_lights wrote: »

Well, that's pretty sh*tty news for anyone who needs social housing in the future.

Whilst I have never agreed with the RTB schemes there are some positives to come from it.

Many people will stay in that house for their whole lives so as far as being of use to another family its a non starter so if they sell that house to the tenants for the full market value less their discount the government will give the Housing Associations the money to make up the discount they would have lost and the HA can then build a new home for a family that needs housing.

EXAMPLE: House valued at £175k less max discount of £77k sell to tenants for £98k . The HA has £98k plus the government gives them £77k (discounted to tenants) meaning the HA has £175k to build a new home... Remember that many of these houses are in need of renovating (new kitches,Bathrooms ,roofs,doors,windows etc) which will cost a few £k per property.

Just to add , in some rural areas HA will have the power to stop tenants buying the properties. In this case the tenants will get their discount value to use as a deposit to buy a house elsewhere... Its a hard pill to swallow for many and I don't agree with it but the fact is it will go some way to address the dire shortage of Social Housing..

Of coarse what we really need is a huge Social House building programme which won't happen because neither the Tories nor Labour or Lib Dems have the will to deliver.


Currently they aren't building Social Housing due to lack of funding at least this way it will kickstart building of some Social Housing.

tomtontom

leveller2911 wrote: »

Whilst I have never agreed with the RTB schemes there are some positives to come from it.

Many people will stay in that house for their whole lives so as far as being of use to another family its a non starter so if they sell that house to the tenants for the full market value less their discount the government will give the Housing Associations the money to make up the discount they would have lost and the HA can then build a new home for a family that needs housing.

EXAMPLE: House valued at £175k less max discount of £77k sell to tenants for £98k . The HA has £98k plus the government gives them £77k (discounted to tenants) meaning the HA has £175k to build a new home... Remember that many of these houses are in need of renovating (new kitches,Bathrooms ,roofs,doors,windows etc) which will cost a few £k per property.

Just to add , in some rural areas HA will have the power to stop tenants buying the properties. In this case the tenants will get their discount value to use as a deposit to buy a house elsewhere... Its a hard pill to swallow for many and I don't agree with it but the fact is it will go some way to address the dire shortage of Social Housing..

Of coarse what we really need is a huge Social House building programme which won't happen because neither the Tories nor Labour or Lib Dems have the will to deliver.


Currently they aren't building Social Housing due to lack of funding at least this way it will kickstart building of some Social Housing.

They're not going to build additional social housing, they're replacing stock that has been sold off. I'd much rather the £x billion this is going to cost the government was given to the NHS.

Pixie5740

leveller2911 wrote: »

Whilst I have never agreed with the RTB schemes there are some positives to come from it.

Many people will stay in that house for their whole lives so as far as being of use to another family its a non starter so if they sell that house to the tenants for the full market value less their discount the government will give the Housing Associations the money to make up the discount they would have lost and the HA can then build a new home for a family that needs housing.

EXAMPLE: House valued at £175k less max discount of £77k sell to tenants for £98k . The HA has £98k plus the government gives them £77k (discounted to tenants) meaning the HA has £175k to build a new home... Remember that many of these houses are in need of renovating (new kitches,Bathrooms ,roofs,doors,windows etc) which will cost a few £k per property.

Just to add , in some rural areas HA will have the power to stop tenants buying the properties. In this case the tenants will get their discount value to use as a deposit to buy a house elsewhere... Its a hard pill to swallow for many and I don't agree with it but the fact is it will go some way to address the dire shortage of Social Housing..

Of coarse what we really need is a huge Social House building programme which won't happen because neither the Tories nor Labour or Lib Dems have the will to deliver.


Currently they aren't building Social Housing due to lack of funding at least this way it will kickstart building of some Social Housing.

It's not a non-starter. Someone lives in social housing their whole lives. Nobody lives forever so eventually they die and the next people on the list get a new home. That won't happen if the property is sold.

New social housing will not be built. It sure as hell wasn't when RTB for council tenants was introduced.

RTB is a disgraceful policy and it should be abolished not expanded.

leveller2911

Pixie5740 wrote: »

It's not a non-starter. Someone lives in social housing their whole lives. Nobody lives forever so eventually they die and the next people on the list get a new home.

My point is that particular house will be occupied by that family for up to 80 years or so .You tell me what good that house is to another family during those 80yrs.

New social housing will not be built. It sure as hell wasn't when RTB for council tenants was introduced.

Have you actually read the government paper?. Of coarse SH will be built, what do you think the HA will do with the money? They have to build new stock.. Its a fact.The whole idea is to use the money raised to build new stock. I agree its not enough and we all know what should happen but as I pointed out Labour did not build new Social Housing when they were in power and neither did they use the Parliament Act to stop all RTB when they were in power.

leveller2911

tomtontom wrote: »

They're not going to build additional social housing, they're replacing stock that has been sold off. I'd much rather the £x billion this is going to cost the government was given to the NHS.

And pouring endless £billions into the NHS in the past ,worked did it?.......

No it didn't what it did achieve was GP's salaries rose by over 30% but did they open their surgeries for longer hours? No, staffing agencies made a mint and the PFI's were a disaster that we will still be paying for in 30 years time... Now that is as big a waste of money as the RTB scheme.


Edit: I read somewhere the other day that the Government were going to finance 1.5 homes for every one sold under the RTB scheme. I will try and find the source..

Personally I think the RTB is just another way of keeping the housing market inflated along with the HTB schemes.