Quarter of English councils may have to sell homes to balance books, study finds
Briefly

Over a third of councils have cut back on repairs and maintenance, with 61% pausing new developments, highlighting a severe crisis in social housing finance.
The study found that nine in 10 councils expect to use emergency funds to balance their budgets, and two-thirds still foresee budgetary imbalances.
Angela Rayner's pledge to revitalize social housing faces challenges, with many councils predicting significant cutbacks in projects and potential sales of housing stock.
The consultation on restricting the right-to-buy scheme indicates an attempt to preserve social housing availability, yet councils continue facing budgetary crises today.
Read at www.theguardian.com
[
|
]