If the pledge finds its way into policy and legislation in the new Government it does raise the question though of “what if?”
For all Housing Associations
Seemingly associations will be compensated; however even if full compensation unanticipated spikes in sales may lead to a fall in asset cover because replacement assets may simply not be available – associations might wish at least to consider whether this might be an issue for them.
For LSVT Housing Associations Only
For LSVT associations LSVTs will recall at stock transfer the Land Registry record a list of all properties susceptible to the PRTB. Depending on what the legislation looks like it might be necessary to have a clear public record of which property has the PRTB and which property has any new RTB. We recommend that LSVTs ensure that list is accurate as the list is a good place to start with for what is the PRTB. Every time a tenant with the PRTB purchases their home the Land Registry will (providing the sale transfer has been accurately drafted) delete that entry. But it is for the landlord to inform the Land Registry when either the tenant moves to another house within their housing stock (so taking their PRTB with them) by using form PSD 101 and when a tenant with the PRTB terminates their tenancy by using form PSD 103. There will be many occasions where landlords will complete both forms –e.g. where a tenant transfers to another property owned by the landlord and the next tenant occupying the property does not have the PRTB. Examples include when properties are demolished or mutual exchanges (incoming tenant not have the PRTB).
(There is no fee for the cancellation of any entry, there is a nominal fee for each new entry (which would only be where a tenant moves)).
Challenges
In terms of potential challenges, these cannot of course be launched until after the policy is actually introduced and prior to that (as well as the general election) there would be an opportunity to respond strongly to any consultation on new legislation, which should be seized on.
Please contact Emma Holmes on 0121 214 3704 | emma.holmes@anthonycollins.com
In 2020 the court rules were changed to require that all residential tenants must be given 14 days’ notice of an eviction. What happens though if the eviction is cancelled on the day?
We are delighted to announce that our private wealth law department has continued to maintain its Band 2 position in the latest edition of Chambers and Partners High Net Worth.
The new CHF is set to launch and open for applications with £4 million set to be allocated to community-led housing groups to support an increase the supply of affordable housing in England.
Charities, like other organisations, may be subject to or choose to voluntarily comply with the reporting requirements under the Modern Slavery Act 2015.
The draft regulations making it mandatory for anyone entering a registered care home in England to have been double vaccinated unless they are clinically exempt were made on 22 July 2021.
In the Transforming Public Procurement Green Paper, the Government signalled its desire to increase its control over procurements by all contracting authorities.
The monthly round-up from the Anthony Collins Solicitors charities team.
Legal updates as the UK enters into stage 4 of the roadmap and legal restrictions on face coverings and social distancing are lifted.
The first disability we are going to discuss is diabetes. We begin by discussing the different types of diabetes; their similarities and differences and how we live with the disability within our day.
Tim Coolican and Freya Cassia explore the legal and practical options available to providers if a disappointing result is received following an inspection.
To receive invitations to our events, as well as information and articles on legal issues and sector developments that are of interest to you, please sign up to Newsroom.