Town halls are spending millions of pounds a year renting
ex-council flats from private landlords to provide accommodation for homeless
households. Freedom of Information Act requests to more than 100
stock-retaining local authorities in England identified 23 that have been
forced to spend millions leasing back homes sold under the Right to Buy policy
for use as temporary accommodation. Together, they are paying buy-to-let
landlords around £8.4m a year to rent 725 flats – all of which the councils
built – for this purpose. Much of the bill will be footed by the national
taxpayer in the form of housing benefit. Almost all the councils in question
were in London and the South East. Read more on Inside Housing.
Thursday briefing: How Michael Gove’s ‘new deal’ for renters went sour
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In today’s newsletter: The renters’ reform bill was meant to address a
spiralling housing crisis, but as a watered-down version finally passes, we
look a...
6 hours ago
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