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Wales taking action to abolish Right to Buy

by LegalinX-7Side | Mar 10, 2017

The Welsh Government are starting proceedings that will see the end of Right to Buy housing scheme, first introduced in the 1980s.  A number of local authorities have already suspended the scheme in their area, which allows tenants of social housing to purchase their homes at a discounted rate and has led to a shortage of social housing stock, with Wales having sold 45% of homes.

The bill that has been put forward will still give tenants who occupy social housing at least one year after it has been made law to apply to buy their home under the Right to Buy scheme, this is to remain compliant with human rights legislation.  The local authorities will also still have the power to sell houses after the abolition has come into place, but these sales would be made at market price and purely on a voluntary basis for the council. 

The Labour government promised to action the abolishment in their manifesto for the May 2016 assembly election and has been welcomed by Plaid Cymru.  Although the bill has met opposition from the Welsh Conservatives, David Melding, the party’s housing spokesman commented "There is a severe shortage of affordable housing in Wales because Labour hasn't built enough affordable homes, and not because council tenants have had a chance to buy theirs." 

LegalinX-7Side have over 20 years’ experience in providing all necessary conveyancing searches for housing associations throughout Wales.  Our user friendly ordering platform features recommended searches and an area mapping facility with reports sent directly to you.  Our experienced and enthusiastic property team are always on hand to assist with cases, ensuring our clients receive the best service along with their searches.  For more information on LegalinX-7Side products and services visit our Conveyancing Searches page.