Only one in six council homes in Reading sold off under Right to Buy have been replaced since 2015, analysis by the Liberal Democrats has revealed.
The party is calling on the government to reform Right to Buy and ensure all affordable homes sold are replaced.
In total 47 council homes in Reading have been sold off since April 2015, official figures show, while just 8 have been built under the government’s replacement scheme.
Reading Liberal Democrat Spokesperson, Councillor Ricky Duveen commented:
“Under the Conservatives, building of affordable housing has plummeted, leading to longer waiting lists and more families struggling to pay their rent.”
“In the past two years, some 47 council homes in Reading have been sold off but only 8 have been replaced.”
“The government must reform Right to Buy by allowing local councils to suspend it if they want, and government must provide enough funding to ensure all homes sold off are replaced.”
“We must also ensure local authorities and housing associations can borrow the money needed to build more social housing. The £2bn announced yesterday by the Prime Minister will only provide 5,000 affordable new homes which is a drop in the ocean compared to the numbers of families on council waiting lists.”