Nearly 13,000 homes sold under the Right to Buy (RTB) up to 2015 will not be replaced, according to construction union Ucatt who says it has "exposed flaws" in the Government's one-for-one pledge. As part of the scheme the Government wants to replace every home sold with a new one. However, in a stinging response to the CLG, Ucatt has highlighted that nearly 13,000 homes will be sold between 2011-15 without the funds going towards new housing.
This is because the one-for-one pledge only covers additional homes sold under the Right to Buy scheme and not the 12,700 properties the Government had already estimated would be sold under the current arrangements between 2011-15. Read more on the Ucatt website.
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