Friday, 16 December 2016

Right To Buy Sales Outpace Development

Councils in England sold almost six times more homes than they built in first nine months of this year, official data show. The new figures from the Office for National Statistics reveal 9,500 local authority homes were sold under the Right to Buy from January to September. Just 1,670 new council homes were completed in the same period. From July to September, councils sold an estimated 2,856 local authority homes, a fall of 15% on the previous quarter and down 3% on the same quarter in 2015. Download the figures from the GovUK website.

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