Quote:
Originally Posted by gynn
On the question of who owns the ex Council houses, the housing association (Contour) 'owns' the houses in the same way as you or I 'own' our house as long as we repay the mortgage on it. If we don't keep up the payments, it gets repossessed.
The housing association sought funding from private sector institutions when it acquired the houses, and is repaying the 'mortgage' over 30 years.
|
Guess this means they have to operate to the same rule book that Accringtons "slum landlords" have to .... you know the ones , those that various Hyndburn Councillors were bitching and moaning about a few months back on this very site
