Right to Buy
|4th April 2018|
Powys council social housing tenants no longer have the right to buy their property following changes in national legislation.
The Abolition of the Right to Buy and Associated Rights (Wales) Act received Royal Assent in January 2018 following end the practice across the country.
Nationally, to encourage the development of new housing stock and protect recent investment, the Right to Buy and Right to Acquire for 'new homes' ended on March 24 - a 'new home' is one which has not been let as social housing for the six months before that date. For other social housing stock, final abolition will take place on January 26, 2019.
Last year the Powys County Council applied to the Welsh Government asking to suspend the Right to Buy, the Right to Acquire and associated rights for all social housing tenants in Powys.
The suspension request was approved by the Welsh Government earlier this month with immediate effect. The effect of the suspension is to end the Right to Buy, the Right to Acquire and all associated rights for all social housing tenants in Powys with immediate effect.
Council Leader Rosemarie Harris said: "We welcome the Minister's decision in a time of significant housing need and will continue to work with our partners to meet the housing needs of the people of Powys. It would be counterproductive to invest in new building projects while the right to buy was in place taking properties out of the social tenant market."