The #UK's Right-to-Buy scheme gave council house tenants the chance to own their home.
It has been criticised for making the housing market more unequal but @RichardDisney & @McmSandi@CEP_LSE find it helped reduce #educational inequality @LSEInequalities
https://t.co/rVZbVvYyB6
From 1945 up until the introduction of Right to Buy in 1980, rates of council housebuilding rarely dipped below 100,000 a year.
Since 1980, council housebuilding has remained chronically low.
Check the right to buy forms ppl from your council. Today’s the last day to get the £136000 discount from the council for your yards. Past today you’re only entitled to a £16000 discount. Anyone that wants the form, message me or download it from the council website insha’Allah
🚨 Major changes to the UK Right to Buy Scheme! 🏠
From 21 Nov 2024, discounts for eligible council tenants will drop to £16K–£38K (location-based), down from up to £136,400. The government will also claim a share of any property value increase. 📉
Plan ahead!
#RightToBuy
Council tenants may not be able to buy their homes until they have lived in them for about a decade under sweeping restrictions to the right-to-buy scheme ⬇️ https://t.co/My9Owt8zDN
🚨 Right to Buy changes from TODAY!!! 👇🏽
Please note these are maximum discounts, and are still subject to other factors such as eligibility, previous discounts, and cost floor rules.
#righttobuy#socialhousing#ukproperty#propertynews
If you are a Local Authority Council tenant then TODAY is your LAST day to get an application submitted to avail of the larger Right to Buy discount of up to £136,400 before it drops to £16,000 tomorrow.
It’s free to make an application.
#RightToBuy
https://t.co/5IzJtpuGAP
Some London Local Authorities reporting over a 1000% increase in Right to Buy applications over the past month as tenants rush to beat the cut in discount from £136,400 to £16,000 on November 21. #RighttoBuy#LocalAuthorityNews
@chrispurser101 You think forcing successful out of blocks and estates is good for social housing?
You don’t throw the baby out with the bathwater. #RighttoBuy