The new rules will place additional limits on which council tenants can buy their home, based on how long they have lived there and what type of property it is
Angela Rayner is set to drastically overhaul the Right to Buy scheme for tenants who want to purchase council homes to try to protect England’s social housing stock Social housing tenants will have to pay more to buy their home from a council or housing association under plans set to be confirmed within weeks.As well as increasing prices, the new rules will place additional limits on which tenants can buy their home based on how long they have lived there and what type of property it is.
Purchasers benefit from a discount on the market price which is determined by the type of property and how long they have lived there. She is also set to extend the minimum qualifying period from three years of residence to around 10 years, while exempting newly built social housing from the scheme altogether.
But some campaigners believe the policy should be abolished because it has transferred housing from the public sector into private ownership. As Labour leader, Jeremy Corbyn promised to scrap it.
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