"Right to buy" coming to an end?

drjunk

Somebody told me today, that they have heard that the "right to buy" scheme for council houses is coming to an end.....is this true?

drjunk

bump.....anyone

Contains_Mild_Peril

I haven't heard of any plans to abolish it completely, but I think more councils are designating certain areas as "pressured" which means they can suspend the right to buy in places where they'd be in danger of being left with hardly any houses to rent. I think the rumour you heard is an exaggeration.

drjunk

Contains_Mild_Peril wrote: »

I haven't heard of any plans to abolish it completely, but I think more councils are designating certain areas as "pressured" which means they can suspend the right to buy in places where they'd be in danger of being left with hardly any houses to rent. I think the rumour you heard is an exaggeration.

Thanks for that Peril. Thats put my mind at rest . I plan buying my council house this year sometime when/if the market bottoms out...

mummytofour

I guess its alright for some, good luck.

poppy10_2

It's still going, but individual councils might be abolishing it - you need to check with your local council.

http://www.direct.gov.uk/en/HomeAndCommunity/BuyingAndSellingYourHome/HomeBuyingSchemes/DG_4001398