Tuesday, 22 September 2015

Right To Buy: A Third Of Councils Don't Replace Houses

One in three councils has not replaced a single house sold through the Right to Buy scheme, official data has found.  With separate analysis suggesting as many as 113,000 council homes will need to be sold off to fund the scheme, some fear it will leave many areas bereft of affordable housing. Analysis of provisional figures from the CLG showed that, of the 166 councils in England listed as having sold properties through Right to Buy since 2012, 33% had not replaced a single home. Just one council in 12 (8%) had managed to build enough to replace half their stock, and only two had succeeded in replacing more than 100% of those sold. Read more on the Huffington Post website.

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