Magna set to sell off land

Magna Housing head office

Ros Kayes

First published in News
Last updated
Dorset Echo: Photograph of the Author by , Senior Reporter

Residents say they have been left ‘speechless’ by a housing association’s plans to sell off land which could be used for affordable housing in West Dorset.

The Echo has learned that Magna is not planning to build any new properties for the ‘forseeable’ future and is therefore looking to sell off stock.

But challengers to the decision will address Magna’s board at the association’s AGM, claiming it is ‘against its charitable obligation’ to sell off the land.

Some of the earmarked areas were handed over to Magna when West Dorset District Council transferred its housing responsibilities, it is believed.

It is also believed the planned sell-off involves 48 sites across West Dorset, although Magna has not confirmed this.

Cllr Ros Kayes, a housing spokesman for the opposition group on West Dorset District Council, said: “I was gobsmacked when I heard about this.

“Residents have come to me for help and said they have brought it up with the board again and again and feel they just haven’t been listened to.

“The danger is that this land could be sold to private developers, and then the potential for affordable housing is lost forever.

“It’s well-known that we have a huge problem with a shortage of social housing in West Dorset.”

She added: “In December 2013 there were 1,406 people in need of one bedroom accommodation, 612 families requiring two bedroom homes, 234 requiring three bedoom properties and a total of 2,291 families on the register in all. West Dorset has one of the lowest building rates for affordable homes – with a longstanding requirement to build over 400 properties a year, which it has never yet come close to reaching.”

Cllr Kayes added that the board has a ‘responsibility’ to ensure any land sold goes to another association, so that social housing can be built.

One resident and shareholder, Dennis Tuffin, said: “To sell off land when there is a need of properties for rent to an increasing population and future generations is a wrong decision for the Magna Housing Group Board to have made and I believe that the Residents’ Panel should be allowed to challenge the board’s decision as we were not consulted, on behalf of the tenants, or able to voice our disapproval of this decision to dispose of the land.”

Magna has said residents are welcome to address the board at the next meeting.

Graham Colls, Magna group chief executive, said: “Magna owns a number of pieces of land, some of which it does not expect to be able to develop in the foreseeable future. Magna has to get the best out of its assets. “Magna is therefore reviewing what it ought to do with these pieces of land. “Clearly, sale of one or more is one option.

“There are others. Magna has not decided to sell any land, though it may in future.”

Comments (12)

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7:43am Thu 24 Jul 14

Get a grip says...

Typical of Magna.

In a time or need they simply say they are not able to build.
Typical of Magna. In a time or need they simply say they are not able to build. Get a grip
  • Score: 3

8:23am Thu 24 Jul 14

sunny1966 says...

Yet another privatization sham. Magna like other organizations have made their buck, they never had any real intension of providing, in the long term, affordable rented accommodation. It’s a case of, let’s get the pockets stuffed now with the sale of land that was given to us, and really and morally doesn’t really belong to us. When on earth is this country going to wake up,
Yet another privatization sham. Magna like other organizations have made their buck, they never had any real intension of providing, in the long term, affordable rented accommodation. It’s a case of, let’s get the pockets stuffed now with the sale of land that was given to us, and really and morally doesn’t really belong to us. When on earth is this country going to wake up, sunny1966
  • Score: 5

8:38am Thu 24 Jul 14

PHonnor says...

sunny1966 wrote:
Yet another privatization sham. Magna like other organizations have made their buck, they never had any real intension of providing, in the long term, affordable rented accommodation. It’s a case of, let’s get the pockets stuffed now with the sale of land that was given to us, and really and morally doesn’t really belong to us. When on earth is this country going to wake up,
THis shows private developers cant be relied upon to build the necessary homes needed. The whole planning system needs a shake up with councils telling developers what housing is needed (with only plannning permission granted once agreed) and not what they want to build themselves which usually means no affordable housing aka Charles street development.
[quote][p][bold]sunny1966[/bold] wrote: Yet another privatization sham. Magna like other organizations have made their buck, they never had any real intension of providing, in the long term, affordable rented accommodation. It’s a case of, let’s get the pockets stuffed now with the sale of land that was given to us, and really and morally doesn’t really belong to us. When on earth is this country going to wake up,[/p][/quote]THis shows private developers cant be relied upon to build the necessary homes needed. The whole planning system needs a shake up with councils telling developers what housing is needed (with only plannning permission granted once agreed) and not what they want to build themselves which usually means no affordable housing aka Charles street development. PHonnor
  • Score: 2

9:18am Thu 24 Jul 14

southwellman says...

Is Cllr Ros Kayes that gullible.. How will there be affordable housing? we all know the price range will be outside what people can afford and will be sold off to letting agents or private investors..
Is Cllr Ros Kayes that gullible.. How will there be affordable housing? we all know the price range will be outside what people can afford and will be sold off to letting agents or private investors.. southwellman
  • Score: 2

11:06am Thu 24 Jul 14

mr commonsense says...

Cllr Ros Keys comes from that group of I want my name,photo in the paper every day/week to show the people how much I care.

This is another example of an organisation, Magna, managing it's business in a sensible way and what happens? Outcry, why not read what they have said and wait for decisions, this has nothing to with profit unless you take the view that by selling they will then have more resource to build more properties. Yes more profit but also more homes. Could somebody explain to me what is an affordable home and how much does it cost?
Cllr Ros Keys comes from that group of I want my name,photo in the paper every day/week to show the people how much I care. This is another example of an organisation, Magna, managing it's business in a sensible way and what happens? Outcry, why not read what they have said and wait for decisions, this has nothing to with profit unless you take the view that by selling they will then have more resource to build more properties. Yes more profit but also more homes. Could somebody explain to me what is an affordable home and how much does it cost? mr commonsense
  • Score: 2

11:16am Thu 24 Jul 14

Mr Frible says...

I believe Magna is now a charity so is not allowed to make a profit. Any money made from a sale would need to be used to pay off debt or be re-invested.
I believe Magna is now a charity so is not allowed to make a profit. Any money made from a sale would need to be used to pay off debt or be re-invested. Mr Frible
  • Score: 7

12:04pm Thu 24 Jul 14

shy talk says...

Mr Frible wrote:
I believe Magna is now a charity so is not allowed to make a profit. Any money made from a sale would need to be used to pay off debt or be re-invested.
Industrial and Provident Societies (IPSs) is what I think you mean. Go to the two links for more information. Magna Housing is not a registered charity.

Registered charities are allowed to make profits, but they must go towards those charities aims. Any excessive profits and the Charity Commission will warn them and can and do remove their charitable status.

http://www.magna.org
.uk/about-magna/

http://www.charityco
mmission.gov.uk/deta
iled-guidance/regist
ering-a-charity/exem
pt-charities-cc23/in
dustrial-and-provide
nt-societies/
[quote][p][bold]Mr Frible[/bold] wrote: I believe Magna is now a charity so is not allowed to make a profit. Any money made from a sale would need to be used to pay off debt or be re-invested.[/p][/quote]Industrial and Provident Societies (IPSs) is what I think you mean. Go to the two links for more information. Magna Housing is not a registered charity. Registered charities are allowed to make profits, but they must go towards those charities aims. Any excessive profits and the Charity Commission will warn them and can and do remove their charitable status. http://www.magna.org .uk/about-magna/ http://www.charityco mmission.gov.uk/deta iled-guidance/regist ering-a-charity/exem pt-charities-cc23/in dustrial-and-provide nt-societies/ shy talk
  • Score: 2

12:33pm Thu 24 Jul 14

JamesYoung says...

Fear not, children, the Great House Price Crash is nearly upon us. Affordability will return.
Fear not, children, the Great House Price Crash is nearly upon us. Affordability will return. JamesYoung
  • Score: 0

12:41pm Thu 24 Jul 14

Get a grip says...

JamesYoung wrote:
Fear not, children, the Great House Price Crash is nearly upon us. Affordability will return.
I think you might be right.

buy to let landlords who have recently got into the market will be the first to fall.

Rember the old saying a home is for nesting not investing.
[quote][p][bold]JamesYoung[/bold] wrote: Fear not, children, the Great House Price Crash is nearly upon us. Affordability will return.[/p][/quote]I think you might be right. buy to let landlords who have recently got into the market will be the first to fall. Rember the old saying a home is for nesting not investing. Get a grip
  • Score: 6

12:49pm Thu 24 Jul 14

JamesYoung says...

Get a grip wrote:
JamesYoung wrote:
Fear not, children, the Great House Price Crash is nearly upon us. Affordability will return.
I think you might be right.

buy to let landlords who have recently got into the market will be the first to fall.

Rember the old saying a home is for nesting not investing.
It may be the World Cup, but there are lots and lots of price reductions in London at the moment.
I think a lot of people are going to learn a lot about the sin of greed in the next 12-18 months.
[quote][p][bold]Get a grip[/bold] wrote: [quote][p][bold]JamesYoung[/bold] wrote: Fear not, children, the Great House Price Crash is nearly upon us. Affordability will return.[/p][/quote]I think you might be right. buy to let landlords who have recently got into the market will be the first to fall. Rember the old saying a home is for nesting not investing.[/p][/quote]It may be the World Cup, but there are lots and lots of price reductions in London at the moment. I think a lot of people are going to learn a lot about the sin of greed in the next 12-18 months. JamesYoung
  • Score: 2

1:30pm Thu 24 Jul 14

cj07589 says...

JamesYoung wrote:
Get a grip wrote:
JamesYoung wrote:
Fear not, children, the Great House Price Crash is nearly upon us. Affordability will return.
I think you might be right.

buy to let landlords who have recently got into the market will be the first to fall.

Rember the old saying a home is for nesting not investing.
It may be the World Cup, but there are lots and lots of price reductions in London at the moment.
I think a lot of people are going to learn a lot about the sin of greed in the next 12-18 months.
Yes I agree this property boom is completely unsustainable and it's only a matter of time. so glad I haven't over stretched learnt the hard lesson in 2007 with the pain of negative equity. It will all end up in tears a price correction is only a matter of time.
[quote][p][bold]JamesYoung[/bold] wrote: [quote][p][bold]Get a grip[/bold] wrote: [quote][p][bold]JamesYoung[/bold] wrote: Fear not, children, the Great House Price Crash is nearly upon us. Affordability will return.[/p][/quote]I think you might be right. buy to let landlords who have recently got into the market will be the first to fall. Rember the old saying a home is for nesting not investing.[/p][/quote]It may be the World Cup, but there are lots and lots of price reductions in London at the moment. I think a lot of people are going to learn a lot about the sin of greed in the next 12-18 months.[/p][/quote]Yes I agree this property boom is completely unsustainable and it's only a matter of time. so glad I haven't over stretched learnt the hard lesson in 2007 with the pain of negative equity. It will all end up in tears a price correction is only a matter of time. cj07589
  • Score: 3

6:12pm Thu 24 Jul 14

Red Cockade says...

Magna Housing is an Industrial and Provident Society and a “not for profit” organisation. Magna Housing is not a charity, although Magna Housing Association Limited (which received the transfer of housing stock from West Dorset District Council) has adopted charitable objectives with "exempt charity status" and so is exempt from registration with the Charity Commission.
Magna Housing is an Industrial and Provident Society and a “not for profit” organisation. Magna Housing is not a charity, although Magna Housing Association Limited (which received the transfer of housing stock from West Dorset District Council) has adopted charitable objectives with "exempt charity status" and so is exempt from registration with the Charity Commission. Red Cockade
  • Score: 3

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