Included in that 'membership' was the statement that until the HA thought otherwise, tenants would lose their right to buy under the legislation.......
Almost all documents I have seen, preclude a 'vote', and 'assume; that all tenants, whether actually paying the £1
fee or not..........are assumed to have accepted ALL THE CLAUSES WITHIN THE CHANGEOVER DOCUMENT...!
It does not matter a jot whether the 2nd stage happens or not.....the HA still hold the right of veto on reverting to
the 'ability to buy your house'.......
This is the clause that allows HA and similar to claim for finances.....as assets for security/loans....!
Without this HA could not get the 'special monies' to upgrade current housing stock, or in fact build new stock.
Banks would not look kindly into 'assets being sold-off'.....so, the swings and roundabouts game continues...!






