Written evidence to be reported to the House
Housing and Regeneration Bill
12:00 pm
Margaret Moran (Luton South, Labour)
I challenge your point about having to make sales to bridge the gap; it is borrowing from equity, surely. However, to come back quickly to the first question, are you assuring us that the current regulatory framework does not allow within an RSL’s business plan, for example, the sale of property on the open market, not just to boost reserves but to pay extremely inflated wages to chief executives?