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Right to buy for social tenants
Submitted by kate on 11 January, 2012 - 12:05.
Extend right-to-buy scheme to social tenants, MPs urge
Conservative David Davis and Labour’s Frank Field have joined forces to launch a report by the IPPR think tank to extend the right-to-buy scheme to social tenants.
Housing Minister Grant Shapps said the government would consider the idea as part of its review of the housing policy.
The IPPR’s report said extending right-to-buy could generate billions of pounds which could then be reinvested in building new homes to ease waiting lists.
Under current rules, council tenants and housing association tenants who were in their home when it was transferred from council landlords have the right to buy their properties at a discount, after five years as a tenant.










