Wednesday 20 December 2017

Government Within Four Homes Of Breaking Right To Buy Pledge

The government is within four homes of finally breaking its highly caveated pledge to replace all additional homes sold under the Right to Buy on a one-for-one basis. Statistics released this morning show that 2,558 council homes were sold under the discounts scheme between July and September – a 21% decrease on the same period last year. This means that since discounts were lifted in 2012, a total of 60,423 council homes have been sold. In the same quarter, 877 replacement homes were started or acquired using the receipts by councils and government agencies – a 38% dip year-on-year – taking the total number of replacement homes to 14,736. Read more on Inside Housing.

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