Labour MP says ‘No!’ to extend Right To Buy | AVRillo

Labour MP says ‘No!’ to extend Right To Buy

Friday 07 August 2015  / Ruth Montia

The Labour MP for Islington North, Jeremy Corbyn, has said that he would vote to end to all forms of Right To Buy and would support challenging development on the Green Belt.

In an interview in Red Brick (left-wing housing blog) the Labour leadership front runner believes that Right To Buy has “eroded our social housing stock and directly contributed to the current housing crisis.”  This scheme has been present for decades now and enables tenants of local authority properties to own their council property after living there for a certain amount of years. It is now likely to be extended by the Conservative government to some housing association tenants.

Corbyn says social housing should not be transformed to private wealth, and calls for greater security of occupancy for tenants of council houses and flats saying “We used to have security of tenure for council home tenants, meaning that despite not owning the property it was very much their home – in many cases for life. We should return to that”.

He will vote against extending Right To Buy to housing association properties, and would favour ending the policy “full stop.”

Finally he adds “Any widespread relaxations would also risk inflating the land values of Green Belt sites”.