Monday, September 01, 2008

WTF Response to the consultation to Suspend the Right to Buy

We have consulted a sample of our members on the issue of the suspension of the right to buy by local authorities in areas of high demand. Currently WTF members have mixed views. Firstly, tenants believe that the Welsh Assembly Government was not set up to take away rights conferred on them by parliament. However, members do recognise that RTB has significantly depleted the amount of social housing stock. These members were disappointed that capital receipts were not used to re-invest in replacement social housing stock.

A further group of members believe that RTB should be abolished altogether replacing this with a right to take out a capital stake in their home which can only be sold to back to the landlord. These members also believed that government should match fund any investment made by the tenant to provide a pension provision for later life.

The Welsh Tenants Federation are consulting further through the next round of ATTAIN events. If you have any views you would like to express, please contact Steve Clarke or come along to our discussion events.