RTB Properties Re-Let Privately Pose ‘Major Challenges’

One of the most contradictory and problematic developments in private renting lies in the growth in Buy to Let tenancies on council estates, a new report says. Published by the London School of Economics and Political Science (LSE), the report identifies the anomaly that sees councils housing homeless families in former Right to Buy properties converted to private rental. According to the report, around 40% of all Right to Buy properties are now re-let privately, posing “major challenges” for housing management in driving up Housing Benefit bills and maintenance problems on flatted estates. Download the report, Private Renting: Can social landlords help?, from the LSE website.

http://sticerd.lse.ac.uk/dps/case/cr/casereport113a.pdf?from_serp=1