Chorus of Disapproval Builds Over Government's Right to Buy Extension

The British Property Federation has joined the ever-growing number of dissenting voices speaking out against the government's plans to extend the right to buy to housing associations. The Federation, described as the "single most important voice" of the UK's property industry, issued a statement denouncing the new RTB. The BPF believes the extension of the right to buy would "further reduce the supply of affordable housing, as it will limit the amount of finance housing associations can generate to fund and build new homes". It added that this could have a "negative impact on housing associations’ ability to invest in estate renewal and so would make it harder to get urban regeneration schemes underway". Read more on 24dash.