Sadiq Khan claims London’s housing associations could
raise £870 million in a year from selling properties under the right-to-buy
scheme as he called for the money to stay in the city. The Labour mayoral
candidate warned that London could lose enough cash to build 35,000 new homes
if the Government’s plans went ahead. He
said it was “unacceptable” for millions of pounds from selling social housing
in London to be spent on new developments miles from the capital. It comes
after housing minister Brandon Lewis failed to guarantee that the proceeds of
the sell-offs would be used to build new homes in London. Read more on the
Evening Standard website.
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