Ministers are facing calls to shelve the right-to-buy
scheme after a devastating analysis revealed that more than 40% of council
houses sold under its terms in London are now privately rented. The damning
findings of an analysis of Freedom of Information data also show that:
• Tens of millions of pounds are being paid by local
authorities to rent former council homes in order to house growing numbers of
homeless families;
• Some councils have bought back their former homes at more
than six times the amount they sold them for;
·
Hundreds of private landlords now own five or
more right-to-buy properties.
Read more on the Observer website.
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