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right to buy housing association tenants

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Comments

  • Marie2015
    Marie2015 Posts: 24 Forumite
    That's BS and you know it!

    The vast majority of people who buy their own home do so with their own money.

    I don't know a single person my age who has not bought without help from relatives, either by being given a deposit or by being allowed to live at home for free while they save. You must move in very different circles to me.
  • Cheeky_Monkey
    Cheeky_Monkey Posts: 2,072 Forumite
    Marie2015 wrote: »
    I don't know a single person my age who has not bought without help from relatives, either by being given a deposit or by being allowed to live at home for free while they save. You must move in very different circles to me.

    Clearly :j
  • patman99
    patman99 Posts: 8,532 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Photogenic
    I remeber the RtB being brought-in, it was a flawed idea from the start. The money made from the sale of LA housing stock could not be used for any purpose whatsoever by the LAs. How ridiculous was that ?.

    When Labour freed-up the money, my LA had £1.2m siiting in it's accounts that they had not been able to touch for years. They have used it to build 34 new LA houses.
    This is still a drop in the ocean compared to the amount needed to house those on the waiting list.

    Luckily, several HAs have built loads of houses and the LA has been offering it's tenents £500 to switch across.
    Never Knowingly Understood.

    Member #1 of £1,000 challenge - £13.74/ £1000 (that's 1.374%)

    3-6 month EF £0/£3600 (that's 0 days worth)

  • leveller2911
    leveller2911 Posts: 8,061 Forumite
    usefulmale wrote: »
    Clearly one of Thatchers selfish children coming through. The tories are NOT your friends. Once they slash the benefits, both in-work and out-of-work, even your discounted asset will be in negative equity. And if you loose your jobs (nursing will be hit hard via the NHS bloodbath thats coming, how 'secure' will your family be, with no social housing left.


    Why make a party political issue out of it when you know full well that neither the Tories or Labour stopped the RTB scheme and Labour had 13 years to stop it.

    The truth is both parties failed the people of this country with regards to housing. We need a massive Social Housing building project to build quality houses for people to rent.

    Leaving it up to private developers to build the houses we need will not work because they are profit driven and many would rather build 4-5 bedroom detatched houses that the country doesn't need just because there is a higher profit margin . They will also limit the supply of new properties purely to stop the market falling rather than build the 200,000+ houses a year we need.
  • leveller2911
    leveller2911 Posts: 8,061 Forumite
    edited 9 May 2015 at 4:26PM
    patman99 wrote: »
    I remeber the RtB being brought-in, it was a flawed idea from the start. The money made from the sale of LA housing stock could not be used for any purpose whatsoever by the LAs. How ridiculous was that ?.

    Not true patman.

    The money raised through the RTB scheme when it was introduced was allowed to be used by the local Authorities to upgrade /renovate their housing stock as much of it was post WW2. The only thing it wasn't allowed to be used for was for building new homes..... Shocking lack of action by all governments ever since.

    The money financed new windows,doors,kitchens,bathrooms,roofs,heating,insulation etc .
  • sniggings
    sniggings Posts: 5,281 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    You don't have the opportunity to buy your home though, no law has been passed yet

    Some HA give the right to buy, mine does.
  • leveller2911
    leveller2911 Posts: 8,061 Forumite
    edited 9 May 2015 at 5:02PM
    sniggings wrote: »
    Some HA give the right to buy, mine does.
    The is true , many HA will offer the hosue to a tenant but at full market value, many wil be older properties that may need renovating so the HA turn over thier stock, sell some and build new.


    Dependant on the date the houses where built some will have the RTA Right to Aquire which is as I say full market value. Some will also have section 102 notices on the properties which mean the tenants can only buy a maximum of 80% of the property.

    Its actually a better idea than being foced to sell at a discount.
  • usefulmale
    usefulmale Posts: 2,627 Forumite
    Why make a party political issue out of it when you know full well that neither the Tories or Labour stopped the RTB scheme and Labour had 13 years to stop it.

    The truth is both parties failed the people of this country with regards to housing. We need a massive Social Housing building project to build quality houses for people to rent.

    Leaving it up to private developers to build the houses we need will not work because they are profit driven and many would rather build 4-5 bedroom detatched houses that the country doesn't need just because there is a higher profit margin . They will also limit the supply of new properties purely to stop the market falling rather than build the 200,000+ houses a year we need.

    A political party introduced the flawed scheme in the first place, the next political party did nothing to fix the problems and now the original political party is extending the same flawed scheme to houses owned by private entities and telling those same entities what they can and can't do with the proceeds. The legal challenges will take years and cost millions.

    How can the issue be anything other than party political?

    People in housing association accomodation who voted for the millionaires party just to cash in on this unviable policy deserve the shytestorm that is coming, especially since most of those people will be claiming in-work benefits, the slashing of which is the tories first job.
  • sniggings
    sniggings Posts: 5,281 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    The is true , many HA will offer the hosue to a tenant but at full market value, many wil be older properties that may need renovating so the HA turn over thier stock, sell some and build new.


    Dependant on the date the houses where built some will have the RTA Right to Aquire which is as I say full market value. Some will alos have section 102 notices on the properties which mean the tenants can only buy a maximum of 80% of the property.

    Its actually a better idea than being foced to sell at a discount.

    Mines a new build, but yeah no discount that I know of, haven't looked into it tho.
  • Cheeky_Monkey
    Cheeky_Monkey Posts: 2,072 Forumite
    usefulmale wrote: »
    People in housing association accomodation who voted for the millionaires party just to cash in on this unviable policy deserve the shytestorm that is coming, especially since most of those people will be claiming in-work benefits, the slashing of which is the tories first job.

    :T :T Quite right
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