As the end of 2020 beckons, we take a look at what progress the Sterling market has made in its preparations for the end of the London Interbank Offered Rate (LIBOR) on 31 December 2021.
The briefing paper (Introducing a voluntary Right to Buy for housing association tenants in England) sets out the story so far, summarises the findings of the first VRTB Pilot research (see our briefing here) and confirms the latest position.
Extended VRTB Pilot
The Government announced in the November 2016 Autumn Statement that there would be a “large-scale regional pilot of the Right to Buy for housing association tenants”. This extended pilot is expected to assist over 3,000 tenants into home ownership.
The second pilot will test one-for-one replacement and portability: two features of the VRTB agreement that the first Pilot didn’t test.
On 8 March 2017, the then Housing Minister, Gavin Barwell, confirmed that he was working with the National Housing Federation (NHF) to “identify the most effective location or locations for the regional pilots” and that he hoped to announce a decision “shortly”.
We await further announcements to confirm when and where the second pilot will take place.
And what about the main scheme?
There is still no announcement from the Government on the roll out of the main VRTB scheme. Inside Housing previously reported that the Government had not requested any high-value asset payments from local authorities, suggesting that the VRTB will not be rolled out until at least April 2018.
Keep watching this space.
Finally, there is a glimmer of hope that perhaps the Covid-19 pandemic could be reaching its end.
For part 2 in this series of short podcasts, Chris Lloyd-Smith interviews senior associate Lisa Whitehouse on how she has been coping during these unprecedented times.
Delayed since Spring 2020 as the Government tackled the Covid-19 crisis, Tuesday 17 November saw the publication of the Social Housing White Paper, setting out the future regulation of the sector
In this ebriefing, we examine how the duty holder regime will apply to social housing providers with existing HRRBs in their housing stock.
Following Katherine's "heads up" last week, the Government has now confirmed that for claim periods post 1 December, employers will not be able to claim for employees who are serving their notice
For part 1 in this series of short podcasts, Chris Lloyd-Smith interviews solicitor Puja Desai on how she has been coping during these unprecedented times.
Over 100 trainees and future trainees from Birmingham joined the BTSS for a webinar to address concerns around training remotely and qualifying during a possible recession.
Anthony Collins Solicitors has supported Birmingham-based Complete Care Holdings in its acquisition of Amegreen Complex Homecare Ltd.
The Guidance for the extended Coronavirus Job Retention Scheme (CJRS) was released last night on 10 November 2020. We thought we knew what we were expecting or so we thought...
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