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Loan Modification

: Mortgage Lender Implode-o-Meter

John Healey pledges to 'dismantle' Housing Revenue Account

By Implode-Explode Heavy Industries

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Housing Minister John Healey has pledged to publish a consultation document 'before the summer recess' on the reform of council housing finance.

In a written statement to the House of Commons, Mr Healey told MPs that he intended to 'dismantle' the current subsidy system and replace it with a 'devolved' system of responsibility and funding.

Full post as published by Mortgage Lender Implode-o-Meter on July 01, 2009 (boomark / email).

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