Research by Lambeth People’s Audit has uncovered a huge sell-off of council housing by the London Borough of Lambeth.
In the seven years from 2010/11 to 2017/18 Lambeth Council sold off more than 300 council homes. This is in addition to nearly 600 properties already sold off in the ten years to 2010 and does not include properties bought by council tenants under Right-To-Buy.
Using land registry data and other sources, Lambeth People’s Audit  has found the seven-year sell-off raised £150 million for the borough – and cost over £1.5 million in staff and legal fees to implement.
These capital receipts have not, however, led to a boom in building new council homes. The People’s Audit found only nine new council homes were built between 2014 and 2018. Read the full report: