Laura Sharman 24 November 2017

More than 23,000 social homes were sold last year

More than 23,000 social homes were sold last year image

The number of properties sold by local authorities under the Right to Buy scheme has increased by 10% in the past year, new figures have revealed.

The statistics from the Department for Communities and Local Government showed that in 2016-17, 13,416 homes were sold under Right to Buy by councils.

The average discount for these properties was 43% of the selling price, 16 percentage points higher than in 2011-12.

Overall, 23,186 social homes were sold in 2016-17, which is 0.6% of the total social housing stock.

Gavin Smart, deputy chief executive at the Chartered Institute of Housing (CIH), said: ‘These figures emphasise just how much further we need to go to make sure we have enough social rented homes available – today’s statistics show that 23,186 social homes were sold in 2016-17, while figures released earlier this month revealed that the number of new social rented homes delivered dropped to 5,380, down from 39,560 in 2010/11.’

Analysis by the CIH warned that nearly 250,000 homes for social rent could be lost between 2012 and 2020.

Mr Smart added: ‘If the government is going to meet its new target to deliver 300,000 homes a year, councils will have to play a major part. The chancellor’s decision to relax borrowing caps for councils in high demand areas is very positive, but we hope to see the government build on this move so that we see a return to the levels of council house building we need.

‘Ministers could also take action to help councils build more homes to replace those sold through right to buy, by allowing them to keep 100 per cent of the receipts for example.’

Research published earlier this year warned council homes are being sold off almost three times faster than local authorities can replace them.

SIGN UP
For your free daily news bulletin
Highways jobs

Head of HR/OD

Babergh & Mid Suffolk
£60,000 circa
The role will involve working closely with the Senior Leadership Team and Chief Executive to lead our People Strategy and... Ipswich, Suffolk
Recuriter: Babergh & Mid Suffolk

Customer Services Assistant (Libraries)

Essex County Council
Up to £9469 per annum
Please note this is part time position (18.5 hours a week) across Uttlesford, mainly based in Dunmow and Stansted and is to be offered on an initial 6 England, Essex, Dunmow
Recuriter: Essex County Council

Customer Services Assistant (Libraries)

Essex County Council
Up to £18938 per annum
Please note this position is to be offered on an initial 6 month , fixed term basis. Do you enjoy working with people? Enthusiastic about playing a ke England, Essex, Saffron Walden
Recuriter: Essex County Council

Customer Services Assistant - Mark Hall Library

Essex County Council
£17000 - £18950 per annum
Please note that this position is a part time role, offering 18.5 hours per week and is offered on a Fixed Term Basis for a period of 6 months. England, Essex, Harlow
Recuriter: Essex County Council

Senior Practitioner - Family Support & Protection

Essex County Council
Negotiable
Please note this is a fixed term contract or secondment opportunity until December 2020 In Essex County Council we are "Serious about Social Work". H England, Essex, Basildon
Recuriter: Essex County Council

Local Government News

Latest issue - Local Goverrnemnt News

This issue of Local Government News explores what impact the increase to the Public Works Loan Board rate have on councils’ capital schemes and why adopting AI will not just improve customer service response times for councils.

This issue also finds out how local government pension funds are backing infrastructure projects and calls on local government to get better value from its technology spend.

Register for your free magazine