Right to Buy
An analysis of the Right to Buy extension pilot contains stark warnings about affordability and communication around exemptions. Pete Apps sifts through the detail
John Healey has called on the government to publish the measures it is taking to protect purchasers placing themselves in “significant financial risk” when buying through the extended Right to Buy.
A quarter of eligible tenants expressed an interest in buying their homes under the Right to Buy extension pilot, but affordability acted as a major drag on actual sales.
Housing association tenants are taking on huge financial risk to buy homes through the extended Right to Buy, with high street banks offering mortgages of more than five times their income.