Tenants would have the right to buy the homes they rent from housing associations under plans seen as being under consideration by Boris Johnson. The Prime Minister has asked officials to draw up plans to help young people struggling to get on the property ladder in England, the Telegraph reported.
The proposal for tenants to be able to buy their social housing at a reduced price is not new, having appeared in David Cameron’s Tory manifesto in 2015. Although that plan did not materialize, Mr Johnson has pledged to consider new pilots for the scheme ahead of the 2019 general election. His bid to revive the plans was touted as being inspired by Margaret Thatcher giving council tenants the right to buy in 1980.
But it came as the Conservative campaign for Thursday’s local elections was hit by a new scandal in addition to partygate. Tory Neil Parish has said he will step down as MP for Tiverton and Honiton after he twice admitted watching pornography in the Commons.
On Sunday, Business Secretary Kwasi Kwarteng insisted Mr Johnson would ‘absolutely’ remain leader no matter how badly the Tories fared in the council election. Pressure was also on Sir Keir Starmer to lead Labor to significant gains when polls in 200 local authorities across Britain open on Thursday.
Details of the latest proposals were thin, with questions remaining over how housing associations would be compensated and how their stock would be replenished. The Telegraph has suggested that a related idea being considered is that government spending on housing allowances be used to help recipients secure mortgages.
For more stories of where you live, visit In your region.