Property News · November 22, 2016

With the death of pay to stay, is the Housing Act crumbling?


First right to buy, now pay to stay: this second U-turn on its own Housing Act makes the government’s half-baked housing policy look even less stableRegular readers will recall the fierce parliamentary battle over the Housing and Planning Act, which came into law this May. In the Lords, peers launched a raft of unsuccessful amendments to try to water down the “reforms” of social housing. The final Act included pay to stay, requiring higher-paid council tenants to pay a higher rent, a “voluntary” right to buy for housing association tenants, with the discounts paid for by a forced sale of higher value council properties, and the end of lifetime tenancies for council tenants, to be replaced by fixed term tenancies. Continue reading…

Source : theguardian.com
Read more…With the death of pay to stay, is the Housing Act crumbling?

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