Agreement will extend Right to Buy to 1.3 million more UK tenantsStaff writer ▼ | October 9, 2015
The UK Prime Minister announced a historic new agreement with housing associations and the National Housing Federation that will extend the Right to Buy to 1.3 million more families across the country.
United Kingdom Prime Minister David Cameron:
"That will mean the first tenants can start to buy their homes from next year.
Communities Secretary Greg Clark said: "We’re determined to ensure that home ownership is seen as a reasonable aspiration for working people.
"Right to Buy is a key part of this, offering a helping hand to millions of people who would have no hope of buying their own home without it.
"Today’s historic agreement with housing associations and the National Housing Federation will extend that offer even more widely, while at the same time delivering thousands of new affordable homes across the country.
The government has secured an agreement with housing associations to give their tenants the Right to Buy their own home, so that 1.3 million families will be given the chance to become homeowners.
The Right to Buy has already helped 2 million families to realise their dream of owning a home. ■