100,000 Low-Cost Homes Have Had Rents Hiked Since 2012

Labour has unveiled plans to stem the loss of low-cost homes as new analysis reveals more than 100,000 social homes have been converted into a more expensive type of property in the last six years alone. The party said it would scrap a policy introduced by the Conservative-Lib Dem coalition government in 2012 that forces housing associations and local councils to raise rents by an average of 40 per cent by converting social homes into “affordable homes”. The announcement is the second to come out of Labour’s review into the future of social housing, which is likely to report in the coming weeks. Read more on the Independent website.

https://www.independent.co.uk/news/uk/politics/labour-social-housing-policy-affordable-homes-100000-converted-coalition-government-a8256776.html