Housing associations Housing societies UK Property definition

UK Property definition

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Housing associations (Housing societies)

Non-profit making organisations, often run by volunteers, whose purpose is to provide housing for purchase, rental or both. Housing associations are regulated by the Housing Corporation in England and Wales and Scottish Homes in Scotland.

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
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Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.

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