Sunday, 04 December 2016

Councils spend £27m of RTB funds buying back homes

Councils have spent almost £30m of cash raised through Right to Buy sales to buy back homes they were forced to sell at a discount under the same policy.

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  • DCH books £27m surplus

    11 October 2016

    A South West housing association has booked a surplus of £27m as it developed 557 homes last year.

  • London councils buying properties out of borough

    30 June 2016

    London councils are buying homes outside of their boroughs to tackle a growing homelessness problem, Freedom of Information Act (FOIA) requests reveal.

  • Councils increasingly look to HRAs for capital spend

    15 June 2016

    Councils are increasingly funding capital spending through their Housing Revenue Accounts (HRAs) or major repairs reserves as government funding has decreased, a National Audit Office (NAO) report has found.

  • Under-23s barred from buying Starter Homes

    5 April 2016

    First-time buyers under the age of 23 will not qualify for Starter Homes, under a change to the government’s proposals.

  • Councils hand back £46m RTB cash

    5 February 2016

    Town halls have handed almost £50m in unspent Right to Buy cash earmarked for replacement council housing to the government, claiming rules make it impossible to spend.

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