Housing Secretary Angela Rayner stated, "Too many social homes have been sold off before they can be replaced, which has directly contributed to the worst housing crisis in living memory." This addresses the ongoing issue of the shortage in social housing and highlights the need for changes in the Right to Buy policy to enhance housing availability.
Proposals include increasing the wait time for tenants to buy their homes from three years to over ten years, aiming to curb social housing loss and prioritize replenishing stock.
The government plans to reduce Right to Buy discounts to pre-2012 levels, arguing that discouraging sales will help restore social housing levels and combat the ongoing housing crisis.
Critics, including Conservative representatives, claim that Labour’s proposed changes limit aspirations and social mobility, suggesting that the Right to Buy policy has been a pathway to home ownership for many.
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