Tuesday, 13 January 2015

Right to Buy Is ‘Disaster for London’

A member of the London Assembly has slammed the controversial right to buy policy as a “disaster for London” on the eve of a BBC investigation into fraud surrounding the scheme. Green Party member Darren Johnson said: “Right to buy is a disaster for London. A lot of council homes sold today will be in the hands of private landlords tomorrow. Across London, almost five thousand council homes have been lost in the past two years, with fewer than one in six replacement homes started using the receipts.” An Audit Commission report revealed there has been a 400% increase in right to buy fraud in the capital. Read more on 24dash.

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