Right to buy to be included in manifesto

March 24, 2015

Is this a sensible policy or just another vote catcher?….The Conservatives are expected to include in their manifesto the Right to Buy which would be extended to up to 2.5million housing-association tenants. This reform, backed by senior Conservatives including Iain Duncan Smith, Boris Johnson and David Davis, is expected to be included in array of offers that will be aimed at wooing the voter with Housing concerns.

The Right to Buy was initially introduced by Mrs Thatcher at the Conservative Party Conference in 1989, Mr Cameron has been quoted as saying that he is a supporter of the Right To Buy, however for these plans to come into effect  they would likely require major changes to the 1996 Housing Act, forcing associations to sell properties at discounts set by government.

It has also been reported that there are  plans to force councils to sell large, expensive council homes so as  to fund higher numbers of cheaper properties. The  Cons/Lib-Dem coalition has already increased Right to Buy discounts, giving rise to more council homes  moving to the private sector.

 

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Breaking News

Inheritance Tax Receipts raise £0.8 billion in one month

Inheritance tax receipts hit £0.8 billion in April 2025 according to data released by HM Revenue and Customs (HMRC) this morning. This is £97 million higher than in April of the previous tax year, and continues an upward trend over the last two decades. With such a strong start to the new tax year, predictions that Inheritance tax…
Read More →
Breaking News

Zoopla research reveals homeownership outranks marriage as top priority for UK adults

A new survey from Zoopla reveals that 48 per cent of UK renters in a relationship are prioritising saving for a home over a wedding, with this figure rising to 59 per cent amongst Gen Z The financial pressures of saving for a home have resulted in a fifth considering postponing marriage in favour of…
Read More →
Breaking News

London rental market rebalances amid rising supply

Foxtons data shows There was a 5% increase in market supply in April, and a 9%, increase in market supply of new instructions year to date The average rent in April 2025 increased by 3% to stand at £589 per week April saw a 3% month-on-month reduction in applicant registrations, which goes against the trend…
Read More →
Love or Hate Rightmove
Breaking News

Rightmove’s Weekly Mortgage Tracker

Average rates for 2-year and 5-year fixed-rate mortgages   Term Average rate Weekly change Yearly change 2-year fixed 4.60% -0.02% -0.84% 5-year fixed 4.58% -0.02% -0.48% Lowest rates for 2-year and 5-year fixed-rate mortgages   Term Lowest rate Weekly change Yearly change 2-year fixed 3.72% +0.00% -1.03% 5-year fixed 3.78% +0.00% -0.56% Average fixed-term mortgage…
Read More →
Estate Agent Talk

Streamlining Property Documentation for Fast Transactions

Property transactions often stall due to paperwork bottlenecks. Missing documents, hard-to-read files, and format incompatibilities can turn straightforward sales into lengthy ordeals. For estate agents, property managers, and solicitors, these delays mean unhappy clients and lost revenue. Efficient document management sits at the centre of smooth property transactions. Converting files between formats quickly ensures that…
Read More →
Breaking News

Breaking Property News 21/05/25

Daily bite-sized proptech and property news in partnership with Proptech-X.   Welcome to the first instalment of a 52-week exploration into the intersection of data and digital infrastructures, tenant experience, and operational performance in commercial real estate. Andrew Stanton CEO Proptech-PR & Editor of Proptech-X  – ‘Over the past nine years I have worked 1:1…
Read More →