Housing association discovers stock transfer horrors

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Published by 24publishing for 24dash.com in Housing and also in Central Government, Communities, Health, Local Government

Undeclared maintenance contracts, poorly managed leasehold schemes and covenants preventing the sale of homes are just some of the horrors one of the UK's largest housing associations has uncovered during stock transfer deals which have been highlighted in a new report. Sovereign Housing Association, which manages 34,000 homes, commissioned housing consultancy Ark to publish a report on the lessons learnt from its substantial number of stock rationalisation projects which has affected more than...

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