Section: Right to Buy

CIH calls on government to suspend right to buy

Posted 02.07.18
Chartered Institute of Housing (CIH): Article link

Figures released by the Ministry of Housing, Communities and Local Government have revealed that 11,465 homes were sold by councils under the right to buy scheme in 2017/18, while only 4,944 were started or acquired to replace them using the receipts.

Since right to buy discounts were increased in April 2012 66,647 homes have been sold, while 17,911 have been started or acquired to replace them

Chartered Institute of Housing chief executive Terrie Alafat CBE said:

"It cannot be right that not only are we not building enough homes for social rent, we are losing them at a time when we need them more than ever.

"We support the principle of helping tenants move into home ownership but it cannot be at the expense of other people in need.

"We are calling on the government to suspend the right to buy to stem the loss of social rented homes, remove the barriers stopping councils from replacing homes sold under the scheme and look at more effective ways to help people access home ownership."


Keyfacts


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 July 2018

Site Sections

Bookmark and Share

Current Issue