Only 8 council homes in Tower Hamlets sold off under Right to Buy have been replaced since 2015, analysis by the Liberal Democrats has revealed.
The party is calling on the government to reform Right to Buy and ensure all affordable homes sold are replaced.
In total 453 council homes in Tower Hamlets have been sold off since April 2015, official figures show, while just 8 have been built under the government's replacement scheme.
Liberal Democrat Spokesperson Elaine Bagshaw commented:
"Under the Conservatives, building of affordable housing has plummeted, leading to longer waiting lists and more families struggling to pay their rent.
“In the past two years, over 450 council homes in Tower Hamlets have been sold off but only 8 have been replaced.
"The government must reform Right to Buy by allowing local councils to suspend it if they want, and provide enough enough funding to ensure all homes sold are replaced.
“We must also ensure local authorities and housing associations can borrow the money needed to build more social housing.”
Notes to Editors
Between April 2015 and March 2017, 453 homes were sold under Right to Buy in Tower Hamlets while only 8 were built under the government's replacement scheme (see full figures here).
Department for Communities and Local Government (29 June 2017, link)
- Table 691: quarterly Right to Buy sales, by local authority
- Table 693: quarterly Right to Buy starts on site, by local authority