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Sale of high-value stock to local housing companies/housing associations 01/04/2016

DCLG officials confirm they have no objection to councils selling their high-value stock to housing associations, however are more circumspect about selling to wholly-owned local authority housing companies.

 

If stock retained councils are forced to sell "high-value" council housing to pay the so called Right to Buy levy, the option of selling high-value voids to a council-owned local housing company seems to be gathering momentum among some stock retained councils.

 

ARCH has been testing the views of the DCLG on this idea...

 

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