Council to Build 300 New Homes to Replace Right to Buys

Three hundred council houses costing about £24 million are set to be built in Derby over the next three years in a bid to replace those sold to tenants at a discount. Derby Homes, which manages Derby City Council's housing stock, expects about 300 homes to be sold through its Right to Buy scheme over the next three years. But it says it will be able to replace these on a "more or less one to one" basis by building new houses across the city during that period. The situation in four years time looks bleaker with Derby Homes predicting it will only be able to replace about half of the housing stock sold.  Read more on the Derby Evening Telegraph website.