Over 9,000 families in local area to have the right to buy their housing association home
- Apr 17, 2015
- Housing and development
Theresa May has welcomed a new manifesto commitment by the Conservatives to extend the Right to Buy to the tenants of housing association properties. Over 9,000 families will potentially be able to buy their housing association home in the Royal Borough of Windsor & Maidenhead and Wokingham Borough – addressing the unfairness that has meant that up to now only council house tenants could buy their home.
Across England, 1.3 million families will have the chance to buy their housing association home meaning more families being able to achieve their dream of owning their own home. 7,720 housing association tenants in the Royal Borough, and 1,470 in Wokingham Borough, could benefit.
Homes that are sold will be replaced by new affordable homes. In addition, by requiring councils to sell their expansive council houses as they become vacant £1 billion will be made available to bring derelict, brownfield land back into use for housing.
Commenting, Theresa said: “Everyone who works hard should have the chance to own their own home. Conservatives are committed to extending the Right to Buy to housing association tenants, meaning thousands of families in the local area will have a chance to buy their home. Right to Buy has already helped over 2 million families get on the housing ladder and now a new generation of people will have the same opportunity to own a home.”