UK Property

UK Property

Right to Buy scheme must be scrapped to ease UK social housing crisis, says JLL

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The next UK government should scrap the sale of council homes to tenants under the Right to Buy scheme to help tackle the huge waiting list for social housing in England, property firm JLL has said. Just over 14,000 properties were sold off under Right to Buy in the year to last March, contributing to a net loss of 11,700 social rented homes that year. More than 2mn properties have been bought by tenants...
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