All the updated news related to right to buy

All the news related to right to buy updated in real time

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Any mortgage rule changes ‘must deliver good outcomes for customers’

Careful consideration is needed to make sure any changes to mortgage lending rules deliver good outcomes for borrowers in the long term, according to a body representing financial firms. Downing Street has said there will be a mortgage review, ...

09 Jun 2022 at 13:39

Johnson to set out housing plans in effort to rebuild his leadership

Lower-paid workers are to be able to use housing benefits to buy their homes and the right to buy will be extended for housing association tenants under plans being set out by Boris Johnson. The Prime Minister is expected to confirm his ...

09 Jun 2022 at 12:09

Personal Finance

Right to Buy extension could erode supply of affordable homes, expert warns

Any extension of the Right to Buy scheme could risk eroding the supply of affordable housing further, according to a housing market expert. Reports suggest Government officials have been considering how to help young people struggling ...

08 Jun 2022 at 16:10

Ministers considering extending period before tenants eligible for Right to Buy

Ministers are mulling over extending the period before social housing tenants can buy their home under the Right to Buy scheme. Angela Rayner also said she was considering a target to ensure social homes are replaced on a one-for-one ...

20 Nov 2024 at 18:37

Chancellor to cut back Right to Buy discounts in Budget

The Chancellor will cut back Right to Buy discounts as part of next week’s Budget to boost council housing supply. Rachel Reeves will announce plans to consult on a new five-year social housing rent settlement and to reduce Right to ...

26 Oct 2024 at 00:01

More investment in social housing could save £1.5bn annually – study

About £1.5 billion could be saved each year in homelessness-related costs if social and affordable housing was prioritised across the UK with increased investment, a group of experts has said. A report led by researchers from ...

04 Oct 2023 at 00:01

Johnson warns of ‘wage-price spiral’ if pay packets rise with inflation

Boris Johnson warned of a 1970s-style “wage-price spiral” if pay packets increase in line with soaring prices as he set out an extension of the right to buy scheme to housing association tenants. The Prime Minister also ...

09 Jun 2022 at 18:59

Starmer backs Rayner over right-to-buy council house sale

Labour said Sir Keir Starmer has “full confidence” in his deputy, Angela Rayner, following questions over an ex-council house sale she made after benefiting from former prime minister Margaret Thatcher’s right-to-buy ...

28 Feb 2024 at 16:37

Personal Finance

Barclays offering zero-deposit mortgages to right to buy customers

Barclays has said people applying for a right to buy mortgage with it will no longer need to put down a deposit. Right to buy (RTB) enables tenants to buy their council home at a discount. In the past, Barclays has ...

08 Apr 2025 at 09:00

Angela Rayner: There was no tax deceit during sale of ex-council house

Angela Rayner said she did “nothing wrong” when selling her former council house before she became an MP following questions about whether she paid the right amount of tax on the sale. The deputy Labour leader ...

14 Mar 2024 at 18:07

Scotland

Community right-to-buy laws to be reviewed

A review of community right-to-buy is to be carried out, the Scottish Government has announced. It comes as Rural Affairs Secretary Mairi Gougeon said ministers want to see more of the country owned by local ...

06 Mar 2024 at 11:14

Rayner says she will ‘fix’ Right to Buy scheme and make it a ‘fair system’

Angela Rayner has said she intends to “fix” the Right to Buy scheme and make it a “fair system” for taxpayers and tenants. Speaking at a Labour conference fringe event in Liverpool, the Deputy Prime ...

22 Sept 2024 at 18:46

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