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TheCountOfNowhere

Northampton Borough Council Made £7M In Right To Buy House Sales In Two Years

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http://www.northamptonchron.co.uk/news/politics/northampton-borough-council-made-7m-in-right-to-buy-house-sales-in-two-years-1-6281319

"Northampton Borough Council has made more than £7 million by selling its properties through the Right to Buy scheme in the last two years."

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Presumably they have used that money to fund further council housing programmes in order to upgrade and increase the stock so they can best match the needs of the local people they serve? No? :rolleyes:

Edited by JustAnotherProle

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Using non-propaganda-based accounting methods, Northampton Borough Council lost millions of pounds by selling £10m worth of assets for £7m cash.

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