In this section:

ARCH annual report

informationImage

The ARCH annual report for 2015-16 is now available to view.

 

Download it here.

Government will proceed with Housing Bill 29/05/2015

20/2015

 

The Queen's Speech confirmed that the Government will introduce a Housing Bill in the forthcoming Parliamentary session to extend the Right to Buy to housing association tenants and require councils to dispose of high value stock to fund the policy.

 

The DCLG has issued a press release stating that the Bill will also introduce a Right to Build and pave the way for a Starter Homes initiative by waiving planning obligations on brownfield sites to enable developers to offer a 20% discount on new homes for first time buyers under 40.

 

Interestingly, in comparison to the press release that accompanied the announcement of the extension of RTB in the Conservative Party Manifesto, the wording in the background briefing to the Queen's Speech says the requirement on councils to dispose of high value council housing "would help fund" the RTB extension and the building of more affordable homes in the area.

 

This seems to reflect the concerns expressed by ARCH and others that there are significant uncertainties around the revenues that can be achieved through the forced sales of high value council housing and that this may not be sufficient to fund the extension of RTB and the promised one for one replacement of any properties sold. It remains to be seen just how much the policy of extending RTB to housing associations will cost and exactly where the money is coming from in a time of austerity. 

Like emailLink
ARCH Member Comments 0 people like this

Housemark