Housing association surpluses hit by lower private sales

By Hamish Champ2019-08-14T05:00:00

Source: Shutterstock

As prices stall some organisations are flipping for sale homes into rental

Housing association surpluses are starting to feel the effect of flatlining house prices, with the potential to hit organisations’ ability to invest in building homes for social rent.

Proceeds from private sales are used by such organisations to support investment in a range of activities.

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