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.

For your free daily news bulletin
Highways jobs

Greater Cambridge Partnership Head of Innovation

Cambridgeshire County Council
£70,026 - £75,644
The Greater Cambridge Partnership (GCP) is responsible for transforming Greater Cambridge through a City Deal.. Cambridgeshire
Recuriter: Cambridgeshire County Council

Residential Worker - The Maples, Harlow

Essex County Council
£20604 - £26801 per annum + + 6% allowance & Possible Ovetime
Residential Worker - The MaplesPermanent, Full Time£20,604 to £26,801 per annumLocation
Recuriter: Essex County Council

Estate Services Officer

London Borough of Richmond upon Thames and London Borough of Wandsworth
£32,556.79 per annum
The role of an estate services officer will provide candidates with an important role within... London (Greater)
Recuriter: London Borough of Richmond upon Thames and London Borough of Wandsworth

Social Worker Level 1

Royal Borough of Greenwich
£34.884 - £37.722
You will be a social worker who has had experience or enthusiasm to work with older people with mental health needs. Greenwich, London (Greater)
Recuriter: Royal Borough of Greenwich

Managed Stores Contract Coordinator

City of York Council
£27,614 to £30,602 per annum
An excellent opportunity has arisen with City of York Council for an experienced Contract Coordinator to help... York, North Yorkshire
Recuriter: City of York Council

Public Property

Latest issue - Public Property News

This issue of Public Property examines how how flexible workspaces can lead the way in regeneration for local authorities, Why local authority intervention is key to successful urban regeneration schemes and if the Government’s challenge of embracing beauty is an opportunity for communities.

The March issue also takes a closer look at Blackburn with Darwen Council's first digital health hub to help people gain control over health and care services.

Register for your free digital issue