William Eichler 22 October 2018

Right to Buy should be more ‘flexible’, think tank says

Right to Buy should be more ‘flexible’, think tank says image

Social housing tenants should be given the option of using the value of their Right to Buy discount to purchase a different home, a free market think tank has argued.

A new report from the Adam Smith Institute says that while Right to Buy works for some social tenants, others live in expensive properties which they cannot afford to buy.

Almost 700,000 local authority owned homes are in areas where median house prices exceed £250,000, according to the report. Over 200,000 of these are in areas where median house prices exceed £500,000.

The think tank says Right to Buy should be made more ‘flexible’ so that social tenants can use the discount to purchase a house in a more affordable area.

The tenant’s previous home would then be sold, funding the discount and raising additional revenue.

A conservative estimate of the impact would see 21,000 tenants take advantage of the scheme with £2bn of discounts on £9bn of stock and net receipts of £7bn.

The report says that housing stock would then be better matched to people’s circumstances and there would be a ‘cooling effect’ on overheated local markets.

Meeting new planning requirements for trees image

Meeting new planning requirements for trees

Concrete block permeable paving offers an important opportunity to help satisfy the requirement for extensive tree planting and retention of existing trees in developments. Chris Hodson reports.
For your free daily news bulletin
Highways jobs

Senior Accountant x2

Islington London Borough Council
£39,462 - £45,594 per annum
There are two roles currently being advertised, one working with our Resources finance team, and one with our Housing and Public Health finance team. Islington, London (Greater)
Recuriter: Islington London Borough Council

Programme Director – Fisheries

Falkland Islands Government
£50,771 up to £56,292
The Programme Director – Fisheries will support the Director of Natural Resources Falkland Islands (FK)
Recuriter: Falkland Islands Government

Principal Engineer/Team Leader Street Works

Bath & North East Somerset Council
£39,880 - £42,821 pa
The Council’s Street Works Team is responsible for managing all aspects of road works and events that take place on our highway network. Keynsham, Bristol
Recuriter: Bath & North East Somerset Council

Social Worker / Advanced Practitioner – Children & Families Service

North Yorkshire County Council
£30,451 - £39,880 per annum pro rata + relocation support
North Yorkshire County Council have a national reputation for excellence. Skipton, North Yorkshire
Recuriter: North Yorkshire County Council

Senior Technician - Asset Management - Highways & Flood Risk

West Berkshire Council
£23,541 to £29,577 per annum (Grade G)
We are currently looking to recruit to two exciting opportunities who will join us and play a role in improving West Berkshire’s highways. Newbury, Berkshire
Recuriter: West Berkshire 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