Right to Buy
UK council house ownership scheme
The Housing Act 1980[1] gave tenants in the United Kingdom the Right to Buy their home at a large discount. Gerald Kaufman, then in the Labour Party Shadow Cabinet and a former Environment Minister himself, said the Act would "not provide a single new home and [would] deprive many homeless people or families living in tower blocks from getting suitable accommodation".[2]
More than 2 million homes had been bought by 2024. Very few homes to rent had been built to replace them. [3]
References
change- ↑ "Housing Act 1980". Legislation.gov.uk. 1980. Retrieved 14 July 2023.
- ↑ Paul Balchin, Housing Policy: An Introduction (Routledge, 2002), p. 188.
- ↑ "Jeremy Hunt pulls £200mn from councils after clawing back house sale funds". www.ft.com. Retrieved 2024-03-08.