Rayner’s Reforms Could End Right to Buy for Half a Million Council Tenants

[Social Media]

 

Deputy Prime Minister Angela Rayner's proposed overhaul of Margaret Thatcher's landmark Right to Buy scheme is poised to significantly reduce access for council tenants. According to the Resolution Foundation, the reforms could strip 500,000 tenants of their eligibility to purchase their homes under the discount program.  

 

First introduced in 1980 by Margaret Thatcher, Right to Buy allowed millions of council tenants to purchase their homes at reduced rates, helping more than two million households enter homeownership. Among those who benefited was Rayner herself, who bought her council house in 2007 with a 25 percent discount. Now, she seeks to preserve Britain’s dwindling social housing stock by tightening the scheme’s requirements.  

 

The proposed reforms would extend the required residency period from three years to ten years before tenants can access the scheme, while also reducing the discounts available. A public consultation on these changes is expected to conclude on Wednesday. If implemented, the Resolution Foundation warns that half a million tenants will lose access to the scheme, effectively marking "the end of Right to Buy."  

 

Cara Pacitti, an analyst at the Resolution Foundation, emphasized the gravity of the shift, stating, "New restrictions being proposed by the Government will effectively mark the end of Right to Buy. But the job of replenishing Britain’s affordable housing stock has only just begun."  

 

While these changes aim to maintain the levels of social housing, the reforms face criticism for falling short of addressing England’s housing crisis. Many tenants eligible under the current system already struggle to afford their homes, with nearly half of the 500,000 tenants now facing exclusion living below the poverty line.  

 

The Resolution Foundation estimates that £15 billion would be required to build the 125,000 homes needed to house families currently living in temporary accommodation in England. To restore affordable housing levels to their 2010 share of the population, Rayner would need to construct an additional 400,000 homes, which could cost up to £50 billion.  

 

The Right to Buy scheme has long faced scrutiny for contributing to the depletion of England’s social housing stock. Homes sold under the program have not been replaced at the rate they were purchased, leading to a severe shortage of affordable housing. The proposed reforms, while aiming to protect remaining stock, highlight the broader challenges of meeting the demand for affordable homes.  

 

As Rayner’s government pushes forward with these reforms, the question remains whether these measures will be sufficient to tackle the chronic shortages and affordability issues plaguing the housing sector.

 

Based on a report by Daily Telegraph 2024-01-16

 

 

[Chomper Higgot]

Makes sense, selling public housing at a time when there is a shortage of public housing is a ludicrous idea.

 

 

[JonnyF]

She needs the housing for all the immigrants.

 

Besides, she already bought hers. She wouldn't want others to get the same benefit that she did. 

 

A nasty piece of work. 

[Chomper Higgot]

8 minutes ago, JonnyF said:

She needs the housing for all the immigrants.

 

Besides, she already bought hers. She wouldn't want others to get the same benefit that she did. 

 

A nasty piece of work. 

A bit like an immigrant obsessed with hatred of other immigrants.

[JonnyF]

3 minutes ago, Chomper Higgot said:

A bit like an immigrant obsessed with hatred of other immigrants.

 

I'd say she's more like a Lefty troll who spends their life on here promoting racist/sexist agendas like DEI and anti-semitism. 

[Chomper Higgot]

2 minutes ago, JonnyF said:

 

I'd say she's more like a Lefty troll who spends their life on here promoting racist/sexist agendas like DEI and anti-semitism. 

She’s a Government Minister.

 

Some troll themselves with their own ‘salty’ reaction to this fact they can’t get over.

 

[JonnyF]

2 minutes ago, Chomper Higgot said:

She’s a Government Minister.

 

Some troll themselves with their own ‘salty’ reaction to this fact they can’t get over.

 

 

So was Tulip Sadiq until she had to resign a few days ago for bringing her third world corruption into British politics.

 

Being a Labour Minister hardly makes you a good person. As Ivor Caplin also showed earlier this week when he was arrested while meeting young boys for sex. 

 

https://www.thenational.scot/news/24852351.former-labour-minister-arrested-vigilante-paedophile-sting/

 

You guys sure do pick 'em. 

 

[Bkk Brian]

5 hours ago, Social Media said:

Among those who benefited was Rayner herself, who bought her council house in 2007 with a 25 percent discount.

What a raving hypocrite. Disgusting nerve to now impose this when she took advantage of it herself

[JonnyF]

6 minutes ago, Bkk Brian said:

What a raving hypocrite. Disgusting nerve to now impose this when she took advantage of it herself

 

Just classic Labour really.

 

They are riddled with hypocrisy from top to bottom. 

[Bkk Brian]

4 minutes ago, JonnyF said:

 

Just classic Labour really.

 

They are riddled with hypocrisy from top to bottom. 

Jess Phillips to, she bought her council house when she was 22  

 

This is Labour

 

 

[JonnyF]

1 minute ago, Bkk Brian said:

Jess Phillips to, she bought her council house when she was 22  

 

This is Labour

 

 

 

Another #bekind lefty who having climbed up the greasy pole of politics to escape her working class roots, cannot wait to put her boot on the necks of those she left behind.