House price boom drives right to buy
Series: Inside Housing ; 11 June 2004, 7(1)Publication details: 2004Subject(s): Summary: A study by Northern Housing Consortium has revealed that tenants are exercising their right to buy in order to cash in on the house price boom. Tenants are no longer buying their homes and staying on the estate but are using the capital gained by selling the property to buy in the area of their choice. The study has highlighted flaws in the right to buy scheme as insufficient houses are built to replace those that are sold and the privately-owned properties are no longer maintained which could be problematic in future when trying to regenerate estates in a holistic way. Northern Housing Consortium website, http://www.northern-consortium.org.uk| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB4023-11 (Browse shelf(Opens below)) | 1 | Available | 126477-1001 |
A study by Northern Housing Consortium has revealed that tenants are exercising their right to buy in order to cash in on the house price boom. Tenants are no longer buying their homes and staying on the estate but are using the capital gained by selling the property to buy in the area of their choice. The study has highlighted flaws in the right to buy scheme as insufficient houses are built to replace those that are sold and the privately-owned properties are no longer maintained which could be problematic in future when trying to regenerate estates in a holistic way. Northern Housing Consortium website, http://www.northern-consortium.org.uk