Tuesday, 16 May 2017

Town Halls Buy Back Right-To-Buy Homes

Councils have spent millions buying back homes they sold at a discount under Right-to-Buy laws to meet housing shortages. Islington council spent more than £6.2m buying back homes it sold to people for less than £1.3m, a Freedom of Information request reveals. Housing charities blame a lack of investment in social housing. The government has vowed to build more affordable houses and in February called the current market "broken". BBC News looked at local authority areas where waiting lists rose for four consecutive years since 2011 and chose 10 at random. Read more on the BBC website.

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