Councils Push to End Right to Buy Amid Financial Crisis

Local authorities warn of a £2.2bn budget shortfall by 2028 without urgent housing policy reforms.

Over 100 councils call for an overhaul of the Right to Buy scheme introduced in 1980.
Deputy Prime Minister Angela Rayner considers scrapping the scheme as part of a 'council housing revolution.'
Only 4% of homes sold under Right to Buy have been replaced, exacerbating the housing crisis.
Councils seek to retain 100% of sales receipts to fund new social housing projects.
A consultation on the future of Right to Buy is set to begin this autumn.