William Eichler 10 May 2024

Four in 10 council homes sold under right to buy owned by private landlords

Four in 10 council homes sold under right to buy owned by private landlords  image
Image: Nopparat Khokthong / Shutterstock.com.

More than four in 10 council homes sold under right to buy are now owned by private landlords, new research has revealed.

Freedom of Information requests sent by the New Economics Foundation (NEF) found that 41% of all council homes sold under the right to buy scheme are now being let on the private market.

The research also found that the number of homes bought under right to buy and now in the private sector has risen by 3.2 percentage points since 2014/15.

This means that around 109,000 more former council homes are now being let privately.

Hollie Wright, assistant researcher at the New Economics Foundation, said: ‘There are millions of people in this country who are denied access to safe, affordable, secure social homes, partly because of right to buy.

‘It’s time to give local councils the powers they need to reverse the damage right to buy has done in their communities and give them the tools to tackle the housing crisis.’

Visit The MJ (£) to read more on this story.

SIGN UP
For your free daily news bulletin
Highways jobs

Early Help Family Practitioner - 12 month FTC

The Royal Borough of Kensington & Chelsea Council
£39150.00 - £42861.00 per annum
Be the support that helps families find their strength and move forward.Be the support that helps families find their strength and move forward. As England, London
Recuriter: The Royal Borough of Kensington & Chelsea Council

Head of Human Resources and Organisational Development

Swansea Council
£73,908 - £85,884
As Head of HR and OD Swansea (Abertawe)
Recuriter: Swansea Council

Early Help Practitioner

Durham County Council
Grade 6, £28,142 - £31,022 per annum
Durham County Council are on a continuous improvement journey in relation to its Early Help service. We are one of 75 Local Authorities who are part o Durham
Recuriter: Durham County Council

Legal Clerical Assistant

Durham County Council
£26,403 to £28,598 p.a. (Grade 5)
A vacancy has arisen within Business Services for a full time, permanent Legal Clerical Assistant to provide legal clerical support to solicitors and Durham
Recuriter: Durham County Council

Practice Coordinator

Durham County Council
Grade 13 - £47,181 - £51,356
Do you love supporting practitioners to bring their best selves to their work? We are looking for a Practice Coordinator to support our Social Worker Spennymoor
Recuriter: Durham County Council
Linkedin Banner