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Tag Archives: RSLs

Checklist for Buying Affordable Housing Sites

You have found a new site to buy and agreed a price with the landowner. You now want to submit a formal offer to buy the land but do not want to commit to the purchase until you are sure that a number of other things have been dealt with. These ‘things’ are called suspensive

Feed in Tariff – Are RSLs running out of time?

Feed in Tariff for RSLs

Although the deadlines for the Feed in Tariff in March 2012 and the Community Energy Savings Programme (CESP) in December 2012 seem a long way away, organisations would benefit from thinking about it now due to the lengthy lead in time.  This is due to the number of parties currently involved): All systems installed need

What are Rural Housing Burdens on Shared Equity Properties?

Shared equity schemes including Homestake and LiFT, are becoming increasingly popular and some Registered Social Landlords (RSLs) and their subsidiaries who are Rural Housing Bodies, have applied a title condition called a Rural Housing Burden (RHB) on their shared equity developments.   What is a Rural Housing Burden? The official definition is: A perpetual personal right

Demise of Lifelong Tenancy Agreements: Voluntary Evictions?

Last October the Coalition government introduced proposals to remove the concept that tenancies in the social rented sector should be lifelong. These proposals howeveer will not affect Scotland as housing is a devolved issue for the Scottish parliament. The plans are currently being debated at Westminster as part of the Localism Bill but current proposals

Schedule 7 is dead … long live the Regulatory Code of Conduct?

It is fair to say that the duties and responsibilities imposed on registered social landlords (RSLs) by Schedule 7 of the Housing (Scotland) Act 2001 can cause headaches for all who come across it. What Does Schedule 7 Mean? In short: - Restricts payments and benefits that registered social landlords can make to governing body members,

Finance Bill 2011 – SDLT Relief on Property Purchases

The Finance Bill 2011 will provide a fairer system of charging SDLT for those buying property in bulk, be this blocks of flats or a number of properties off plan from a Developer. Historically, on purchases of this type the SDLT rate would be calculated on the global price paid, often resulting in a huge

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