General Discussion

I’ve just been reading an article in a housing magazine which says that housing associations could exempt hundreds of thousands of homes from Right to Buy.

Last week, 5 housing associations launched a RtB pilot scheme. Apparently the landlords (ie housing associations) are free to decide which properties to exempt from RtB and those included in this exemption will include homes built under a Section 106 agreement or for any other form of specialist housing.

It is believed this freedom of choice is likely to apply when the full Right to Buy scheme commences in April, with Section 106 homes set to remain exempt in most cases.

Section 106 deals oblige developers to provide affordable housing.

However, it  seems that those who live in affordable rental homes and who would wish to buy them but find that the homes have been excluded from the RtB scheme, may get a discount that they can use to buy a home elsewhere.  They will  have had to have lived in the excluded home for a certain number of years to qualify.

Watch this space for more info.