Housing Association Tenants In Midlands To Be Given Right To Buy

The government has announced a £200m pilot scheme to extend right to buy to housing association tenants, with a pledge to replace each property sold with a new affordable home. The announcement came days after the government scrapped a plan from 2015 to force the sale of council homes in areas with high-value properties. That proposal had been intended to fund the national rollout of the right-to-buy policy for housing associations tenants. It is now unclear how the nationwide scheme will be paid for. The pilot will be funded by £200m from funding already earmarked in the 2017 budget, with places on the scheme allocated via a ballot. Tenants have one month from the scheme’s launch to make their application. Read more on the Guardian website.

https://www.theguardian.com/society/2018/aug/16/housing-association-tenants-in-midlands-to-be-given-right-to-buy