Thursday, 19 January 2017

Council-Owned Homes Drop By 10% In Six Years

The number of council-owned homes has dropped by more than 10% in six years, with a 1.9% decrease since last year. The latest figures from the CLG reveal there were 1.61 million council-owned homes in England and Wales in 2015/16, compared with 1.64 million last year. This is a steep drop from 2009/10, when there were 1.8 million council-owned homes, and this number has been decreasing ever since. The government said this was largely due to Right to Buy sales. There were 12,220 homes sold through Right to Buy last year. Read more on Inside Housing.

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