Extend Right to Buy To Tenants of Private Landlords

The ‘Right To Buy’ policy that lets council tenants buy their homes at a big discount should be extended to the tenants of private landlords, a Labour leadership contender has said. Jeremy Corbyn said Labour needed to go further in tackling the housing crisis and that extending Right To Buy could help more people find a secure place to live. “We know that Generation Rent faces an uphill struggle simply to get into long-term housing. We have seen some good ideas from Labour to establish more secure tenancies for renters. Now we need to go further and think of new ways to get more people into secure housing,” he said. “So why not go with Right to Buy, with the same discounts as offered by way of subsidised mortgage rates, but for private tenants and funded by withdrawing the £14 billion tax allowances currently given to Buy to Let landlords? Read more on the Labour List website.