This raises an interesting question. Where HB is in payment to Lotus and they are not paying the monies on to the REIT, is there anything Councils should do?
I mentioned overpayment recovery but does the Council need to stop payment to Lotus? I dont think so …unless Lotus do go into administration. Suspending payment would probably be the end for Lotus (who provide 2000 beds so not that small) but it is well worth watching as I suspect the HB monies paid to Lotus since September last may be lost. That may be a big problem for the Councils involved but is it a matter for HB? Will the new landlord demand the HB again? I dont think they can….but they might ask.
Any thoughts?
