Property News · August 11, 2016

Right to buy reform urged as council leaders fear for social housing


Figures show that replacements for homes sold under the right to buy scheme fell by 27% last year, worsening the housing crisisCouncil leaders in England have called on the government to make urgent reforms to the right to buy scheme, after figures showed that the number of sold-off homes replaced by local authorities fell by more than a quarter last year.Analysis by the Local Government Association (LGA) showed that 12,246 council homes were sold to tenants under right to buy in England in 2015-16, but just 2,055 replacements were started by councils – a drop of 27% on the previous year. Continue reading…

Source : theguardian.com
Read more…Right to buy reform urged as council leaders fear for social housing

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