1% Of Tenants Take Up The Right To Buy

Less than 1% of the housing association tenants offered the chance to purchase their home under a pilot of the Right to Buy have so far made a formal application to buy. Just 443 tenants have put in a formal application to buy their home under the flagship government housing policy since the pilots launched in January, out of more than 48,000 households in the pilot areas the scheme was marketed to. This is well below Sheffield Hallam University projections for demand, which suggested around 7% of tenants would have the means and the desire to buy under the scheme. Read more on Inside Housing.