Property News · January 11, 2018

Housing association merger will lead to social cleansing, warn tenants


Plan by London’s Notting Hill Housing and Genesis to create mega landlord fuels fears that more social housing will be sold off Tenants in west London have warned that a plan to create one of the UK’s biggest housing associations will lead to the social cleansing of poorer families from wealthy areas.The proposed merger between London-based housing associations Notting Hill Housing (NHH) and Genesis, would create a mega landlord with a combined annual turnover of £676m and 65,000 homes in management, many in sight of Grenfell Tower, which was destroyed by fire in June. But the associations have between them sold off 800 street properties in the last five years and used the proceeds to build more homes in cheaper areas, leading to fears that further sell-offs are planned. Continue reading…

Source : theguardian.com
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