Right To Buy Puts 40% Of Ex-Council Homes In Private Rental

Forty per cent of ex-council flats sold through right to buy are being rented out more expensively by private landlords, the Commons communities and local government select committee has found. In the committee’s report MPs expressed concerns about “unresolved issues” with the government’s proposed extension of right to buy to housing associations, and a levy on the sale of vacant council homes. It found that in some areas councils could be forced to sell up to 97% of properties upon vacancy. Clive Betts, chair of the committee, said: “We are concerned that there are a number of unresolved issues with the government’s policy which could have a detrimental effect on the provision of accessible and affordable housing, particularly affordable rented property.” Read more on the Guardian website.