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Housing stock options appraisal

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housing stock options appraisal

Stock new book is celebrating 20 years of stock transfer. But is there a future for housing providers taking on stock homes? No, says a council housing fan. First, HRA reform is still far from a done deal. Risks remain that the plan might founder - either because of a lack of ministerial commitment or because certain individual councils baulk at their greatly increased debt under the proposed settlement. If the deal folds, many councils could rush for transfer to finance maintaining the decent homes standard. It is expected that any proposed change in managerial arrangements would need tenant endorsement similar to that which authorised original ALMO establishment. In this sense, greater financial freedoms enjoyed by housing associations may well continue to exercise attraction stock council housing directors, particularly as they contemplate the investment required to meet rising energy efficiency standards for existing homes. Transfer chimes with several stated goals of the coalition government including giving communities more powers, encouraging people to take an active role in their communities - co-operative and mutual transfer models have already been developed. The fact is that, despite 30 years with political and financial odds stacked decidedly against stock retention, more than 1 million residents in England alone have chosen their local authority as their landlord. It now numbers more than 50 councils of all political hues. The benefits of directly owning and managing properties are increasingly evident. Housing ARCH and Association for Public Service Excellence research report Under one roof: Interviews with tenants also revealed how involvement in decisions about their homes has been a catalyst for engagement in improving other local services. But where tenants have decided that they want a democratically accountable local authority landlord, they should not be penalised for that choice. A House of Commons public accounts committee report this spring highlighted that stock retainers had to meet the decent homes programme out of their own pockets, while councils taking the stock transfer or ALMO options received extra funds. It went on to say that while ALMOs had spent more per property on improvements than those that retained stock, they had not demonstrated any better value for money. It would enable local authorities to respond to local housing appraisal in a way that also helps deliver wider local social, environmental and economic objectives. You can link your subscription from within the My Account section of the website and clicking on Link My Account. If you don't yet subscribe to Inside Housing, please visit our subscription page to view our various subscription packages. What can local authorities do to ensure the future security of rent payments? Lewis Alcraft at PayPoint explains. Plans to transfer 17, homes in Hammersmith and Fulham into a new community-led housing association have been abandoned. Subscribe to Inside Housing today to get full access to all the latest news, comment and analysis, and to join our online appraisal of housing professionals. The latest legal news, opinion, analysis, jobs and events. Wherever you are, whenever you need it. Skip to main content Skip to navigation Site map Previous issues Cookie policy Mobile Site googletag. Sign In Register Now Subscribe. Home e-Editions Campaigns Housing benefits Grant Britain Homes Homes Work HousingDay Safe as Houses What's the benefit? Empty Promise Cathy at 50 Reel Homes. Latest News Housing News by Region London Housing South east South west North east North west East of England Northern Ireland Wales Scotland. Asset Management Repairs and Maintenance Regeneration Sustainability Income Management Contractors. Government Schemes Transactions Land and Construction Top 60 Developments. 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Readers' comments 1 Comments are only open to subscribers of Inside Housing Already a subscriber? Not yet a subscriber? Have your say You must sign in to make a comment. Articles Wealth of options 19 June What can local authorities do to ensure the future security of rent payments? Lewis Alcraft at PayPoint explains Stock rationalisation: Most popular Lakanal House: Most commented Grenfell renovation proposed temporary removal of fire protections Government orders checks on tower block refurbs following Grenfell blaze Grenfell Tower fire: About us Subscribe Contact us Email alerts Forward features How to pitch features RSS feeds Terms and conditions Privacy statement Corporate subscriptions Sponsored content Enquire about corporate subscriptions Subscriptions terms and conditions. Find this article interesting? Unlimited access to all new stories and the 33, article archive at www. Check on your mobile The latest legal news, opinion, appraisal, jobs and events. 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Employee Stock Options Explained

Employee Stock Options Explained

3 thoughts on “Housing stock options appraisal”

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