Friday, 28 March 2014

Councils 'Hamstrung' By Right to Buy As Replacement Homes Fail To Materialise

Four out of five councils are finding it difficult to replace homes sold under right to buy, because the scheme is "bureaucratic and inflexible".  Government figures show that over 10,000 homes were sold under the scheme last year - more than double that of 2012. However, 80% of councils responding to a new Local Government Association (LGA) survey feel that the current system does not allow them to replace these lost homes. This hinders councils' efforts to find homes for those residents currently on their waiting lists. With almost 1.7 million households currently waiting for a home, the LGA said it is imperative that councils have the powers to replace housing sold through the right to buy quickly and effectively. Read more on 24dash.

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