Up to 1,800 affordable housing units will not be sold

The Department of the Environment has estimated that local authorities will be unable to sell 1,800 homes that are listed as being part of affordable homes schemes.

15th August, 2009

The Department of the Environment has estimated that local authorities will be unable to sell 1,800 homes that are listed as being part of affordable homes schemes.

In a circular to the councils, the department advised them that they must find alternative uses for some of the affordable housing stock on their book s because of the fall in house prices.

‘‘Current market conditions relating to house purchase generally have inevitably impacted on the sale of...

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