Deputy Prime Minister Angela Rayner plans to reduce Right to Buy discounts, extend residency, and double council housing construction.

Deputy Prime Minister Angela Rayner plans to overhaul the UK's Right to Buy scheme, reducing discounts from 70% to about 25% and extending the qualifying residency period from three to ten years. Concurrently, she aims to double council housing construction with nearly £1 billion in funding, supporting Labour's goal of building 1.5 million homes. These measures seek to stem the loss of social housing, addressing a significant housing shortage.

October 20, 2024
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