Thursday 20 October 2016

Top Tory Councillor Wants RTB ‘Re-Think’

A top Tory councillor is calling on Prime Minister Theresa May to ‘re-think the rules’ on Right to Buy – evoking the spirit of Margaret Thatcher. Councillor Rock Feilding-Mellen is the Deputy Leader and Cabinet Member for Housing at the Royal Borough of Kensington and Chelsea. Cllr Feilding-Mellen says it would be better to fund RTB – for council tenants as well as for housing association tenants – by offering shared equity deals so when homes are sold the discount would be repaid to the Exchequer to be recycled to help more people. He says: “An approach along these lines would increase the chance of being able to prevent our cities from becoming polarised between rich and poor areas and preserve mixed communities.” Read more on 24housing.

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