While recent reforms of Right to Buy (RTB) led to a sharp increase in applications from people wanting to buy their council houses, local authorities in England see long-term benefits from them for boosting their stock of social housing, a new LGA survey has found.
In 2015, Fareham Borough Council recognised the newly introduced self and custom-build legislation as an exciting opportunity to diversify local housing and promote home ownership and were eager to integrate these housing options into the community.
Almost £6 billion has been given out in discounts through the Right to Buy scheme since the size of the discount was increased in 2012, leaving councils in England struggling to rebuild homes as quickly as they are being sold.
I have been greatly concerned about the recent announcement to extend the Right to Buy scheme to social housing providers.