The Government first announced plans for a shared ownership right to buy in October 2019. At the time the sector raised concerns about the impact the plans would have on housing associations ability to borrow. An election and a pandemic later the Government announced, during the CIH Housing Festival last week, the return of the right to shared ownership as part of its Affordable Homes Programme (AHP).
The event was held on 13 February at the firm’s Birmingham office.
Edwina Turner, associate and Shivaji Shiva, senior associate lead the event with an interactive first half of the seminar, comparing CIOs to other existing legal structures and a second half opportunity for delegates to have their CIO queries answered directly.
The long-anticipated CIO structure was introduced to address inadequacies in the current range of legal options in the third sector. It is expected to be a natural choice for many smaller and simply structured charities. It will also be of real value to larger charities but it will not suit all of them and many will have good reasons to stick to longer established legal structures. CIOs present particular opportunities for faith-based charities and umbrella bodies seeking to foster charitable community activities.
Shivaji said: “The sector has been waiting for the CIO structure for 13 years, however now that it has been implemented many are unsure as to what impact it will really have. Trustees and staff need to understand the structure in order to assess its merits and in some cases they may find that a more traditional legal form is actually better for their needs.
The seminar helped to address these issues, highlighting the pros and cons of CIOs and ultimately ensuring that trustees felt equipped to make the best judgment for their organisations.
Two final pieces of the possession jigsaw have been published on 15 September 2020. Mr Justice Knowles’ working group on possession proceedings has issued its guidance on the “overall arrangements” for possession proceedings.
One change proposed by the Building Safety Bill is the introduction of a duty holder regime, which will see statutory responsibility for the safety of higher risk buildings placed on key individuals
Throughout this pandemic, the Competition and Markets Authority (CMA) has been publishing various “Statements on Coronavirus” (Statements) which provide guidance on consumer rights during this time.
A recent increase in COVID-19 cases in the UK means new measures are being put in place in an effort to reduce the risk of a second wave. Whilst the impact of COVID-19 continues to be felt, it is important to remain focused on the sector’s road to recovery.
Sometimes half an hour at a conference gives you the reality that has been staring you in the face all along. That was my experience watching “Change is on the Horizon”
Following our recent e-briefing on Possession Notices, Helen Tucker and Emilie Pownall from our housing litigation team discuss the impact of the changes on social landlords.
Not only has the possession stay been extended until 20 September, the notice periods to be given to tenants has been extended in certain circumstances with some important exceptions.
The Court has confirmed that a party cannot withhold its consent in order to re-write the original bargain.
Following the Grenfell Tower tragedy, building safety continues to be a key concern for social housing providers and their residents.
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