Private landlords renting out 'almost 40% of right-to-buy properties'

Posted On: 
14th August 2015

The right to buy council housing appears to have been a boon to private landlords, with figures today suggesting almost 40% of council flats sold under the scheme are now being rented out.

Figures from 91 councils, acquired by Inside Housing magazine under Freedom of Information rules, show 38% of the properties bought under right-to-buy are now owned by leaseholders whose address is different to the person who bought the home. 

Some London councils are now paying market level rents for social tenants living in properties the councils themselves used to own.