Response from Barclays

My understanding is that the Bill, as drafted, does not replicate the ground 8 provision for housing authorities to seek possession in cases of serious rent arrears for ‘secure occupation contracts’ between community landlords and housing authorities.

Removal of mandatory possession ground 8 would lead to a perception of increased risk in this sector [commercial lending to housing associations] if the ability of registered providers to protect their rental income streams were to be weakened. Any increase in risk to the funders could potentially lead to an increase in the pricing of any debt for the Housing association sector and this factor should be debated further.”