National Audit Office says fivefold increase in number of new homes created is needed to keep pace with 2014-15 sales

The number of new homes created under the government’s flagship right-to-buy scheme is nowhere near the amount needed to deliver its headline “one for one” promise, the latest figures suggest.

A fivefold increase is needed just to keep pace with homes sold in 2014-15, according to the National Audit Office (NAO). But new data from the Department for Communities and Local Government reveals that the number of homes started or acquired by local authorities in England between April and June this year fell by 41% on the previous quarter.

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