Monday, 22 August 2016

790 Applications Under Right To Buy Pilot

Just 1.6% of households in the Right to Buy pilot schemes have made an application to buy their social home. 790 applications have been received by the five landlords operating the pilot. This is well down on the 7% take-up rate projected by academics at Sheffield Hallam University in February and the estimate of 20% made by a committee of MPs in October. The eligibility criteria for the pilot scheme requires tenants to have lived in social housing for 10 years. Many homes, including those built through Section 106 planning obligations were excluded from the pilot. In the main scheme many of these tenants will be granted a portable discount. Read more on Inside Housing.

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