The government’s announcement that the Voluntary Right to Buy (VRTB) has been kicked into 2018 will be welcomed by most housing associations (although those who had made business plans assuming a certain level of receipts might be less than happy).
Readers of Inside Housing will recall the fierce debate that took place in September and October last year when the National Housing Federation (NHF) made its offer to then communities secretary Greg Clark.
One of the principal motivations for the offer was to avoid a statutory scheme that would lead the Office for National Statistics (ONS) to re-classify associations as public bodies, (in fact the ONS had already made that decision based on existing regulatory control of the sector). Continue reading