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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

To think Right to Buy discounts should be made fully portable?

105 replies

Arsenic · 15/05/2015 19:36

I.e. that tenants should be allowed to spend their discounts on the open market, rather than being obliged to buy the home they are in?

It would make sense in expensive areas (tenants can't afford to exercise their RTB due to rocketing values).

It would aid geographic mobility.

It would aid social mobility.

It would free up a lot of social housing.

It would even keep the Tories happy (higher value council housing vacated in London would presumably be sold of us per their announced plans).

Generally speaking, it would do a lot of good.

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Arsenic · 16/05/2015 17:25

Of course, Southwark is Labour controlled and Wandsworth is Conservative controlled, which would explain the difference in emphasis (and finances??).

But both are inner London and both clearly desperate to release housing stock.

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Edenviolet · 17/05/2015 22:22

Harrow council have the scheme too, up to 55k for a three bed+ not sure of the cash incentives for smaller properties

Arsenic · 18/05/2015 12:11

Is that calculated on tenancy length too waiting?

I wonder what the take up is like.

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AtomicDog · 18/05/2015 12:42

A rather large proportion of the private rental market in my area is formed of former council houses, still poorly maintained and on shabby roads.
No I don't support RTB in any way whatsoever.
Those properties are let out at hugely inflated rents, many times what council tenants are paying.

Arsenic · 18/05/2015 12:48

Agreed, that is one of the problems and there are then more LLs to get on board to make regeneration happen, if funding ever comes up.

That's another reason why portable discounts would be better, isn't it?

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