Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Report: 'Give tenants stake in homes'

  • Comment
All social housing tenants should be given the opportunity to acquire a stake in their homes, a Tory thinktank has recommended.

The Centre for Social Justice’s new study says housing policy should be used as a lever to move people from welfare to work and enable them to become more mobile.

The centre, which is led by former Conservative leader Iain Duncan-Smith, recommends that all sitting tenants who pay their own rent should be given discounts on the purchase price of their property to help them buy a share or a whole.

This approach represents an extension of the ‘right to buy’ which currently applies to just council tenants and is limited to outright purchases.

The report also says there should be an analysis of proposals that tenants who get off benefits should be rewarded with increasingly large stakes in their home.

And it calls for the scrapping of the tenancy for life, recommending that councils and registered social landlords should be able to offer flexible tenure arrangements.

“Currently housing policy can act as a huge disincentive to going back to work and is blocking mobile,” said Mr Duncan-Smith.

  • Comment

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions.

Links may be included in your comments but HTML is not permitted.