Right to Buy; Preserved Right to Buy and the Right to Acquire Changes to the Law in Wales. Siân Jones April 2017

Similar documents
Research Briefing Abolition of the Right to Buy and Associated Rights (Wales) Bill

Leasehold Network Notes 24 September 2015, MRC Llandrindod Wells

Interested in buying your own home?

Interested in buying your own home? A legal guide to Right to Buy

The Tenancy Deposit Scheme

We do not require sight of the tenancy agreement. However you must provide us with the following if requested:

Right to Buy LEASE CONFERENCES. Disclaimer

CROSS-COUNTRY HOUSING POLICY June 2016

1.4 The policy applies to all landlord organisations in the Group.

Renting Homes (Wales) Bill

Voluntary Right to Buy and Portability Policy

Voluntary Right to Buy Policy (Midlands Pilot)

Letting out your property

Part 1 Housing (Wales) Act 2014 and Rent Smart Wales. Bethan Jones Operational Manager Rent Smart Wales. Title. Name/Date

EXPLANATORY MEMORANDUM TO THE HOUSING (SERVICE CHARGE LOANS) (AMENDMENT) (WALES) REGULATIONS 2011 SI 2011 No.

Right to Buy Policy SER-POL-18 Version 5.0 Date approved: February 2017 Approved by: Chief Executive

CONTENTS. Page 2 INTRODUCTION

REPORT OF DIRECTOR FOR COMMUNITIES, HOUSING AND CUSTOMER SERVICES PORTFOLIO: HEALTH, HOUSING & WELLBEING (COUNCILLOR SUSAN ELSMORE)

Acceptable Tenancies for Buy To Let Mortgages

Stamp Duty Land Tax: Relief for first time buyers. Guidance Note 22 November 2017

CIH Level 2 certificate in housing maintenance (QCF) Credit value: 16

Easy Read Information about the end of being able to buy your home at a reduced cost

Extending the Right to Buy

The Community Housing Group. Voluntary Right to Buy Pilot Customer Guide

A guide to buying your council or housing association home

Tackling unfair practices in the leasehold market: A consultation paper Response from NAEA Propertymark September 2017

Preserved Right-To-Buy & Right-To-Acquire Policy

CYNGOR SIR POWYS COUNTY COUNCIL. CABINET. 6 th October Application to suspend the Right to Buy across Powys

HAVEBURY HOUSING PARTNERSHIP

Renting Homes (Wales) Bill

Guidance Sheet : Tenancy Deposit Protection in Scotland Information for Landlords, Tenants and Letting Agents

The introduction of the LHA cap to the social rented sector: impact on young people in Scotland

Cabinet Meeting 4 December 2013

TENANTS INFORMATION SERVICE (TIS) WRITTEN SUBMISSION

FACTSHEET. Stamp Duty Land Tax.

Minimum Energy Efficiency Standards Fact Sheet The Energy Efficiency (Private Rented Property) (England and Wales) Regulations 2015 introduce measures

Voluntary Right to Buy Policy. Dan Gray, Executive Director, Property

Right to Buy A Guide for Tenants

Some homes may not be eligible and in those cases we will try to find an alternative property that you can buy.

Housing (Scotland)Act Jim Bauld TC Young Solicitors

Guide to the Regulatory Reform (Agricultural Tenancies) (England and Wales) Order 2006

EastendHomes ASSIGNMENT, SUCCESSION AND MUTUAL EXCHANGE POLICY

Letting out your property

PROPERTY: MORTGAGE ACC:

Buying Your Council Home. Right to Buy. A Guide for Sheffield Council Tenants

Right to Buy Policy SER-POL-18 Version 2.0 Date approved: January 2015 Approved by: Chief Executive

Local Authority Housing Companies

PROPERTY MANAGEMENT IN SCOTLAND

Housing fraud and legal remedies. Dean Underwood Barrister. Twitter

Letting out your property

Extending the mandatory licensing of Houses in Multiple Occupation

CLACKMANNANSHIRE TENANTS AND RESIDENTS ASSOCIATION WRITTEN SUBMISSION

Response. Reinvigorating the right to buy. Contact: Adam Barnett. Investment Policy and Strategy. Tel:

ABIDE. Houses in Multiple Occupation. In the Torfaen County Borough HOUSING AND POLLUTION ENFORCEMENT TEAM PLANNING AND PUBLIC PROTECTION DEPARTMENT

Service, Policy & Legislative Update: Housing SPC Dublin City Council

Voluntary Right to Buy (Midlands Pilot) Policy

Rent Predictability Measure

Letting out your property

The Private Rented Sector in the Republic of Ireland Professor. Eoin O Sullivan, School of Social Work and Social Policy, Trinity College Dublin

Government Consultation in Tackling Unfair Practices in Leasehold. Response from Association of Retirement Housing Managers (ARHM)

Minimum Energy Efficiency Standards. Frequently Asked Questions

Housing Benefit and Council Tax Benefit Circular. All HB and CTB managers and staff. Officers preparing subsidy claims and estimates

Housing and Planning Bill Hackney tenants and residents update

Right to Buy Procedure

NON-EXCEPTED AREAS - POLICY AND GUIDANCE (January 2016 Edition)

Voluntary Right to Buy

Explanatory Notes to Housing (Scotland) Act 2006

Who pays the tax? First-time buyer relief. What is a land transaction? When is the tax payable? How much tax is payable on residential property?

NLC Response to Government s Leasehold Reform Consultation

Fortis Living and Waterloo Housing Group Voluntary Right to Buy Sales Policy

Policy briefing: Avoiding unnecessary evictions among social tenants in Wales

If the Council offers you a property the offer letter will explain the type and length of the tenancy.

Shared ownership a tenure in its own right?

The Right to Buy. This paper gives background information on the Right to Buy and its impact and goes on to discuss the Government's new measures.

propertymark QUALIFICATIONS LEVEL 6 AWARD IN RESIDENTIAL LETTING AND PROPERTY MANAGEMENT (SCOTLAND) QUALIFICATION SPECIFICATION

a short guide to The Right to Manage

How to...prevent right to buy fraud and right to acquire fraud. Paul Hayes Head of Housing Litigation Lewis Silkin LLP 11 April 2014

Cross Keys Homes Tenancy Policy

Private Renting. A Guide For Students

Private Rented Sector Minimum Energy Efficiency Standards and Tenants Rights

Royal Borough of Kensington and Chelsea. Tenancy Policy

RENTED HOMES BILL. Steve Clarke Managing Director. To enhance and protect the rights, representations and housing standards of tenants in Wales

Landlord Licensing in the Private Rented Sector

Leasehold Management Policy

Housing and Planning Bill

SERVICE POLICY MUTUAL EXCHANGES AND SUCCESSIONS OF TENANCY

CJC response to the DCLG consultation on: TACKLING UNFAIR PRACTICES IN THE LEASEHOLD MARKET

Renting Homes (Wales) Act 2016 Overview of the Act and implications for the sector

POLICY: SUCCESSION. 1.0 Introduction. 2.0 Policy Statement. 3.0 Objectives. 4.0 Background Legislation

propertymark QUALIFICATIONS LEVEL 3 AWARD IN RESIDENTIAL TENANCY DEPOSIT PROTECTION AND MANAGEMENT (ENGLAND AND WALES) QUALIFICATION SPECIFICATION

Lessee Services Group CityWest Homes 21 Grosvenor Place London SW1X 7EA

Qualification Snapshot CIH Level 3 Certificate in Housing Services (QCF)

sold Right to buy and right to acquire

There are two product options available for customers who want to take out an Over 55 Buy-to-Let Mortgage.

ORBIT VOLUNTARY RIGHT TO BUY POLICY

POLICY: FIXED-TERM TENANCIES. 1.0 Introduction. 2.0 Aims and Objectives. 3.0 Policy Statement. 4.0 Background Legislation & Legal Framework

Propertymark Qualifications: Level 2 Award in Introduction to Residential Property Management Practice (England & Wales) Qualification Specification

TACKLING UNFAIR PRACTICES IN THE LEASEHOLD MARKET RESPONSE OF ANTHONY COLLINS SOLICITORS LLP ( ACS )

Strategic Housing Role of Local Authorities in the Big Society

The Housing and Planning Bill and related issues.

Transcription:

Right to Buy; Preserved Right to Buy and the Right to Acquire Changes to the Law in Wales Siân Jones April 2017

Right to Buy Current Law Available to local authority tenants Purchase the freehold of a house or lease of a flat at a discount Discount is 8,000 maximum (reduced from 16,000 in July 2015) Qualifying criteria Secure tenancy Only or principal home Self-contained 5 years qualifying period None of the exemptions apply 2

Preserved Right to Buy Current Law Available to certain tenants of stock transfer housing associations who had the right immediately prior to the stock transfer Same rules as the RTB 3

Right to Acquire Current Law Available to some housing association tenants Purchase of the freehold of a house or lease of a flat at a discount Same maximum discount Qualifying criteria Assured tenancy of social housing Only or principal home Self-contained 2-5 years qualifying period None of the exemptions apply 4

Suspended Rights RTB, PRTB & RTA suspended in Carmarthen Swansea Sir Fôn Flintshire Other local authorities are under consultation e.g. Denbighshire 5

Abolition of the Right to Buy and Associated Rights (Wales) Bill Introduced 13 March 2017 Consultation closes 28 April 2017 6

Timescales for the Bill Stage 1 by 7 July 2017 Scrutiny by the Equality, Local Government and Communities Committee Scrutiny by the Constitutional and Legislative Affairs Committee Consultation Debate in Plenary Stage 2 by 13 October 2017 Committees consider any amendments 7

Timescales for the Bill Stage 3 Plenary considerations of amendments Stage 4 Passing of the Bill in Plenary Post Stage 4 Royal Assent Bill becomes law 8

Provisions of the Bill Abolishes the RTB; PRTB and the RTA for dwellings in Wales (Section 6) Abolishes Welsh Ministers powers to make grants to reimburse voluntary discounts (Section 7) These provisions cannot be brought into force until at least 12 months after the Bill receives Royal Assent 9

The Bill What happens in the Interim? Until abolished there will be restrictions placed on RTB; PRTB and the RTA Restrictions come into effect 2 months after the Bill receives Royal Assent 10

RTB What are the Restrictions? RTB will not apply to new social housing One exception Court makes a possession order on a non-fault ground Tenant moves into new social housing The new property is considered suitable alternative accommodation RTB continues for those properties from previously let social housing stock Time spent in new social housing can still count towards a RTB if tenant moves to a previously let social housing dwelling 11

PRTB What are the Restrictions? Will not apply to new social housing Two exceptions First exception same as the RTB Second exception allow tenant who moves into new social housing after Section 2 comes into force to keep the PRTB if the new house has been let under an assured tenancy at some point during the six months before Section 2 comes into force PRTB continues for dwellings from previously let social housing stock Time spent in new housing stock can count towards a PRTB if tenant moves into a previously let social housing dwelling 12

RTA What are the restrictions? Will not apply to new social housing One exception Court makes a possession order on a non-fault ground Tenant moves into new social housing The new property is considered suitable accommodation RTA continues for previously let social housing stock Time spent in new social housing can count to a RTA if tenant moves into a previously let social housing dwelling 13

Information Within a month of the Bill getting Royal Assent, Welsh Ministers must Prepare a document on the Act for tenants Publish the information on a website Give local authorities, RSLs a copy of the information Local authorities and RSLs within one month must Provide all relevant tenants (secure introductory or devoted tenants and assured tenants) with a copy Publish information on your website Provide a copy of the information for inspection free of charge Provide this information to all secure, introductory or assured tenants offered tenancies once Act is in force 14

What is happening in the rest of the UK? England RTB and RTA is encouraged Voluntary RTB scheme for housing associations with discounts in line with RTB Discounts 103,900 in London 77,900 outside London 15

What is happening in the rest of the UK? Scotland Abolished on 31 July 2016 Before abolition 33-50% discount Broad support Series of restrictions and reductions in discounts which had already lessened the applications Northern Ireland Plans to abolish RTB Consultation launched in December 2016 Smaller discounts than England but maximum is still 60% or 24,000 16

17