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
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