Section: Right to Buy

Right to Buy replacement will be all but eliminated in just five years

Posted 12.06.18
Local Government Association (LGA): Article link

The current system only allows councils to keep a third of each Right-to-Buy (RTB) receipt to build a replacement home and prevents local authorities from borrowing to make up the shortfall.

A new analysis by Savills, commissioned by the LGA, examines the impact of continued restrictions on councils' ability to borrow to build new homes.

It reveals that:

Additional rules applied to Right to Buy, including a significant portion of all receipts being handed over to the Treasury rather than the communities in which the homes are sold, are hampering the ability of local authorities to re-invest in housing.


Keep up-to-date with issues affecting the social and affordable housing sectors

News and views reported in summary format, with links for further reading

Recognisable sub-sections for easy access - now and at a future date

An essential free resource for anyone with a busy daily schedule

Enter your email address to receive our e-newsletters advising on updates to KeyFacts

We will not share your email address with others or use it for any other purpose

Reporting on June 2018

Site Sections

Bookmark and Share

Current Issue