CIH is citing the government’s own figures add up to
councils keeping all right to buy receipts to build affordable homes – rather
than being forced to hand over a proportion to the Treasury. Figures newly
released by the CLG show 2,558 homes were sold by councils through the right
to buy scheme in England in July to September 2017, while only 744 were started
or acquired to replace them using the receipts. Since right to buy discounts
were increased in April 2012, 60,423 homes have been sold, while only 14,736
have been started or acquired to replace them. Read more on the CIH website.
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