The annual survey looking at the state of the ALMO sector
in England has shown latest build figures and wider impact on communities. One
of the stark figures is that only 46% of Right To Buy sales were replaced with
new build. This figure rises to 69% when acquisitions are included. Of the 31
ALMOs, three quarters of the building was done by just six, showing a real
challenge for the sector. The year before, 59% was being built by just three of
them. The NFA, which authored the report, says this is a “year-on-year problem
with properties not being replaced fully from previous years’ sales”. Read more
on 24housing.
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