article_snippet.sent: National Housing Federation director Ruth Davison recently branded the scheme the 'wrong' solution to the housing crisis.
article_snippet.sent: the scheme saw more than 1.5million council homes being sold off at discounted rates, and became one of Margaret Thatcher's best known policies.
article_snippet.sent: Around 800,000 people have a 'limited right to acquire', and are eligible for maximum discounts of £16,000.
article_snippet.sent: However some insist even with the discount of up to £102,000 in London some will still be unable to buy some homes.
article_snippet.sent: How does right-to-buy work?
article_snippet.sent: Introduced in 1980, it gives council house tenants discounts to buy council house tenants discounts home.
article_snippet.sent: Labour dropped Labour opposition to the policy but, in 1999, Tony Blair's government cut the top discount from £50,000 to £38,000 and sales slowed.
article_snippet.sent: the Coalition has sought to reinvigorate the scheme, cutting from five to three the number of years tenants need to have been in a home before tenants can buy the Coalition and upping the discounts to a maximum of £77,000 for most areas.
article_snippet.sent: However, around 800,000 HA tenants have a limited 'right to acquire' with discounts capped at between £9,000 to £16,000.
article_snippet.sent: Tenants in houses would get a 35 per cent discount, increasing by 1 per cent for every extra year Tenants in houses have been a tenant.
article_snippet.sent: Tenants in houses will get a 50 per cent discount, going up 2 per cent every year.
article_snippet.sent: Discounts for houses and flats would be capped at the lower of 70 per cent or £102,700 in London and £77,000 across the rest of England.