Monday, 16 November 2015

Council House Sales In England Back To Pre-Recession Levels

The number of council homes in England sold under the right to buy scheme has more than doubled in two years. The latest figures show sales are now above what they were in 2007, before the financial crisis that triggered the recession. CLG statistics revealed 12,304 sales under right to buy in 2014-15, compared with 5,944 in 2012-13. Housing charity Shelter said the homes were not being replaced by councils. Birmingham City Council sold 517 homes, the most in the last financial year. Read more on the BBC website.

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