The UK Government is proposing changes to the Right to Buy (RTB) scheme intended to create a fairer and more sustainable system which retains the opportunity for social housing tenants to buy their homes while supporting councils to replace properties that are sold. Propertymark is supportive of the proposals, which include increasing the length of time someone needs to have been a public sector tenant, amending discount percentages, and allowing Councils to ask for repayment of discounts if the property is resold within ten years.
The UK Government is proposing changes to the Right to Buy (RTB) scheme intended to create a fairer and more sustainable system which retains the opportunity for social housing tenants to buy their homes while supporting councils to replace properties that are sold. Propertymark is supportive of the proposals, which include increasing the length of time someone needs to have been a public sector tenant, amending discount percentages, and allowing Councils to ask for repayment of discounts if the property is resold within ten years.
The UK Government is proposing changes to the Right to Buy (RTB) scheme intended to create a fairer and more sustainable system which retains the opportunity for social housing tenants to buy their homes while supporting councils to replace properties that are sold. Propertymark is supportive of the proposals, which include increasing the length of time someone needs to have been a public sector tenant, amending discount percentages, and allowing Councils to ask for repayment of discounts if the property is resold within ten years.
