housing association right to buy

berty4

with the queens speach today mentioning about the goverment bringing in the right to buy extention to housing associations does anyone no when this is going to be brought in and what discount will be offered?

System

Next Tuesday and 20%







I doubt if they have even worked out the basics yet let alone have anything in stone that they can announce

berty4

i thought that the 20% discount was aimed at the first time buyers under 40?
and thought the discount was around 30% for houses and 50% for flats?

Tixy

The discounts proposed for tenants in England are the same as for existing tenants who are covered by the right to buy scheme, that is from 35% to 70%, subject to a maximum value cap.

As to when it may happen (if it does) I don't think a timescale has been put on the new housing bill yet.

trevormax

berty4 wrote: »

i thought that the 20% discount was aimed at the first time buyers under 40?
and thought the discount was around 30% for houses and 50% for flats?

I think you need to turn on your sarcasm detector. mugwum was basically saying that probably no-one knows and given that it was only announced today, that isn't a surprise.

Malmo

This is a policy proposal that is included in a housing bill that will need to be made into a law (an Act) through parliament. There are various stages through the House of Lords and House of Commons that any proposal needs to go through to become effective in law. Also bear in mind that HA properties are not state owned, so there are legal implications to consider.

There are already 2 threads on this topic:

Thread 1
Thread 2