Huge interest in Right-to-Buy

November 17, 2015

Thousands of households across the country are signing up their interest for the Right to Buy, according to latest government figures.

Communities Secretary Greg Clark says this shows the huge interest in the initiative, which allows families in social housing the Right to Buy their property with more than 5,000 coming forward in the first month.

The Government is delivering on its commitment to extend the Right to Buy to 1.3 million housing association tenants, giving them the same home ownership opportunities as council tenants, with every property sold replaced with an additional new affordable home.

Meanwhile, a new radio advertising campaign will be launched with TV property expert, Phil Spencer, setting out how working people can open the door to home ownership through a range of government home-buying schemes.

Now the Department for Communities and Local Government has revealed that 5,200 housing association tenants have registered their interest in the Right to Buy online. It means nearly 170 people are signing up every day.

Full detais: https://www.gov.uk/government/news/huge-interest-in-right-to-buy-with-thousands-registering-every-week

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.

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