David Cameron has announced a ‘revival’ of the Right to Buy scheme.
Speaking on the Andrew Marr show yesterday, Mr Cameron said “Let’s bring back the Right to Buy your council house, with proper discounts ….let’s use that money to build homes for rent, for low rents for families that are currently stuck on housing lists.”
Housing minister Grant Shapps joined in the announcement He pledged that there would be no net loss of housing as Affordable Rent homes are built to replace Right to Buy sales. Mr Shapps added that the revamped “policy would have no impact on the deal that has been struck with local authorities to reform the housing revenue account system.”
The Department for Communities and Local Government has published a question and answer guide, stating that: