Search

Landlords get rich as a third of ex-council homes in Haringey and Camden now privately rented

08:00 23 January 2014

Prime Minister Margaret Thatcher meets the Greater London Council's 12,000th council house buyer in the 1980s

Prime Minister Margaret Thatcher meets the Greater London Council's 12,000th council house buyer in the 1980s

PA Archive/Press Association Images

Thousands of former council homes are now in the hands of private landlords who are able to charge huge rents, a new report shows.

Campaigners argue the previous “Right to Buy” powers which allowed social tenants to purchase their home from the council has seen a boom in “amateur” landlords and an explosion in rent levels.

According to Labour London Assembly member Tom Copley’s report, From Right to Buy to Buy to Let, 38 per cent of former Haringey Council homes bought under Right to Buy are now being let in the private rented sector.

Camden fares little better with 36 per cent, while Barnet has 37 per cent.

Westminster has 31 per cent – one of the few London boroughs below the capital’s average of 36 per cent.

Robert Taylor, manager of Camden Federation of Private Tenants, said the news was a cause for “major concern” and slammed “amateur” landlords who were only interested in making quick money.

He said: “The housing situation in Camden is incredibly grim and much of that is due to Right to Buy. We have a completely dysfunctional private market which is leaving tenants in such a weak position.

“There is one house we know of which was bought under the Right to Buy. It is a four-bedroom house but has six people living there.

“There are two in the front room. People are being packed in like sardines but they are still charged high rents because it is Camden.”

Cllr Paul Dimoldenberg, leader of Westminster Labour group, slammed the Right to Buy powers – arguing they were negatively impacting on people in desperate need of quality housing.

He said: “To add insult to injury, none of the council homes sold in Westminster by the Conservatives at cut prices under the Right to Buy have been replaced and this has contributed to today’s serious housing crisis.”

Mr Copley, who compiled the report from responses to Freedom of Information requests to councils, revealed that last year the average monthly rent in London stood at £1,196 – more than double the average for England.

He said: “It is obscene that a policy developed to promote home ownership has resulted in thousands of former council homes being let through the private rented sector. As a consequence, taxpayer-subsidised housing is inadvertently being used to line the pockets of private sector landlords.”

0 comments

Latest Hampstead & Highgate News Stories

15:00
Lord Dubs      Picture: Katie Collins/PA

Dozens of politicians, religious leaders, charity heads and cultural groups in Camden have signed a letter pleading with Home Secretary Amber Rudd to change her mind on settling child refugees in Britain.

Lara Casalotti

A year ago, Belsize Park student Lara Casalotti was in desperate need of a life-saving bone marrow transplant.

09:57
The crash in England's Lane                Picture: Francoise Lamouche

A car crashed and flipped over in Belsize Park last night – with the occupants mysteriously fleeing.

Yesterday, 17:49
Nazanin with her husband Richard and daughter Gabriella

West Hampstead mum Nazanin has finally seen a specialist for her back and neck, who said that without urgent treatment she could run the risk of permanent impairment

Yesterday, 13:14
Gakleen Shahata

Police are increasingly concerned for the wellbeing of a deaf woman with learning difficulties after she went missing from a church in Golders Green.

Yesterday, 12:50
The new community centre designed by architects RCKa

The director of a community centre in Highgate Newtown is celebrating his services being saved - thanks to private

Yesterday, 11:37
The Magic Paintbrush will be performed at Jacksons Lane

A Highgate multi-arts venue has announced its spring season and it is bursting at the seams with shows for all the family.

Friday, February 17, 2017
Professor Emma Morris in her laboratory at the Royal Free. Photo: Anna Behrmann

Anna Behrmann speaks to Professor Emma Morris, part of a team of researchers who are genetically modifying patients’ immune cells to find tumours and kill them

Newsletter Sign Up

Sign up to the following newsletters:

Sign up to receive our regular email newsletter

Most read Hampstead & Highgate news

HOT JOBS

Show Job Lists

Competitions

Are you in need of a new kitchen? Try our competition and you could win a brand new one!

Having a brand new kitchen is something that lots of people want but can only dream of. Sadly keeping up to date and making our living spaces as nice as they can be is a costly and incredibly stressful business. Even a fresh coat of paint makes all the difference but isn’t easy or quick.

Digital Edition

cover

Enjoy the
Hampstead & Highgate Express
e-edition today

Subscribe

Education and Training

cover

Read the
Education and Training
e-edition today

Read Now