Submitted by Sarah Bidard on Thursday 31st October 2024
Published on Friday 8th November 2024
Current status: Closed
Closed: Thursday 8th May 2025
Signatures: 5,218
Relevant Departments
Tagged with
discount ~ Economy ~ Housing ~ housing market ~ IMPACT ~ Location ~ market ~ Right to Buy ~ Side ~ Unfair
Do not reduce the Right to Buy discount
Stop the reduction of the Right to Buy discount. The Government have said the maximum discount will be reduced to £16,000–£38,000 depending on the tenant's location. We think this is unfair because some people's only way only to get on the housing ladder is via Right to Buy.
We think the Government should look at the ethical side of this, look how it will impact the housing market and look at the long-term effect on people who might have to rent for longer and the impact the economy.
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