Shelter responds to government figures showing dwindling numbers of social housing under the Right to Buy scheme.

April 2, 2018

New government figures show only one social home is built for almost every three sold off

Shelter responds to government figures showing dwindling numbers of social housing under the Right to Buy scheme. The data shows:

·         In the last year 11,649 social homes have been sold off, while only 4,566 social homes are being built

·         This means only 1 social home is being built for almost every 3 sold

Shelter’s Campaigns Director, Greg Beales, said: “These dismal figures show that at a time when more families than ever need affordable homes, their chances of getting one are being wrenched away.

“Social housing must play a critical role in fixing the housing crisis in the future but not if housing that’s sold off is not replaced, depleting what’s available for families who need urgent help”

“It is absolutely vital that any properties sold are replaced on a like for like basis. Without this guarantee, every home lost is another dent in our dwindling supply of the genuinely affordable homes people are crying out for.”

Source of information from Shelter

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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