Rayner has come under fire for lowering the discount available for social housing buyers (Image: Getty)
Thousands of council tenants have signed a petition calling on Angela Rayner to scrap her plans to reduce the Right to Buy discount by thousands of pounds.
The deputy PM and secretary of state for housing is a former council house tenant who benefited from being able to buy her council house at a reduced price.
DON'T MISS
Powered by
The affluent mill town now a 'bum town' full of boarded up shops and rough sleepers
1 Comments
Warning over new ￡528 charge for homeowners coming 'at earliest opportunity'
8 Comments
Sadiq Khan's farmers ad ban defied as activist plasters London Underground with posters
10 Comments
The world's poorest ever president earning just ￡500 a month and driving a 20 year old car
1 Comments
Labour accused of 'gaslighting' as new policy 'breaks manifesto pledge
428 Comments
Protesters take to streets as ex Man City player sworn in as President
4 Comments
Angela Rayner among Labour cabinet members set to lose seat to Reform - full list
1179 Comments
Labour on the brink as bombshell new poll reveals Starmer facing loss of 200 seats
804 Comments
Millions of middle-class families face ￡8,000 tax raid under Labour next year
53 Comments
Ed Miliband's extreme green plans to create spark anger across UK, Tory MPs warn
103 Comments
Baroness Owen, 31, demands 'depraved' deepfake porn should be made illegal
50 Comments
Kemi Badenoch hauls in TV boss to demand airtime slashed for rival Nigel Farage
1675 Comments
Chris Packham accuses Labour of being 'complicit' in slaughter of thousands of dolphins
48 Comments
Labour civil war erupts as Keir Starmer branded 'liar' for 'attack on working class'
183 Comments
Angela Rayner warned UK can't 'build its way out of the housing crisis'
29 Comments
Keir Starmer in civil war with Labour councils over plan to house asylum seekers
435 Comments
The UK's 'best' seaside town that's being taken over by Londoners
36 Comments
Angela Rayner to 'fleece' Brits with another tax grab that will impact millions
432 Comments
Experts warn against common mistake when storing Christmas decorations that could cost you
1 Comments
Labour under fire for 'tolerating new slum housing' amid Rayner's 1.5 million pledge
64 Comments
The affluent mill town now a 'bum town' full of boarded up shops and rough sleepers
1 Comments
Warning over new ￡528 charge for homeowners coming 'at earliest opportunity'
8 Comments
Sadiq Khan's farmers ad ban defied as activist plasters London Underground with posters
10 Comments
The world's poorest ever president earning just ￡500 a month and driving a 20 year old car
1 Comments
Labour accused of 'gaslighting' as new policy 'breaks manifesto pledge
428 Comments
Protesters take to streets as ex Man City player sworn in as President
4 Comments
Angela Rayner among Labour cabinet members set to lose seat to Reform - full list
1179 Comments
Labour on the brink as bombshell new poll reveals Starmer facing loss of 200 seats
804 Comments
Millions of middle-class families face ￡8,000 tax raid under Labour next year
53 Comments
Ed Miliband's extreme green plans to create spark anger across UK, Tory MPs warn
103 Comments
Baroness Owen, 31, demands 'depraved' deepfake porn should be made illegal
50 Comments
Kemi Badenoch hauls in TV boss to demand airtime slashed for rival Nigel Farage
1675 Comments
Chris Packham accuses Labour of being 'complicit' in slaughter of thousands of dolphins
48 Comments
Labour civil war erupts as Keir Starmer branded 'liar' for 'attack on working class'
183 Comments
Angela Rayner warned UK can't 'build its way out of the housing crisis'
29 Comments
Keir Starmer in civil war with Labour councils over plan to house asylum seekers
435 Comments
The UK's 'best' seaside town that's being taken over by Londoners
36 Comments
Angela Rayner to 'fleece' Brits with another tax grab that will impact millions
432 Comments
Experts warn against common mistake when storing Christmas decorations that could cost you
1 Comments
Labour under fire for 'tolerating new slum housing' amid Rayner's 1.5 million pledge
64 Comments
The affluent mill town now a 'bum town' full of boarded up shops and rough sleepers
1 Comments
Warning over new ￡528 charge for homeowners coming 'at earliest opportunity'
8 Comments
Sadiq Khan's farmers ad ban defied as activist plasters London Underground with posters
10 Comments
The world's poorest ever president earning just ￡500 a month and driving a 20 year old car
1 Comments
Labour accused of 'gaslighting' as new policy 'breaks manifesto pledge
428 Comments
Protesters take to streets as ex Man City player sworn in as President
4 Comments
Angela Rayner among Labour cabinet members set to lose seat to Reform - full list
1179 Comments
But in October she announced plans to reduce the cap on tenants’ maximum savings from ￡136,400 to just ￡38,000.
The announcement came with a deadline of November 21 for hopeful buyers to buy their house at the old, discounted price, meaning many simply did not have enough time to do so.
Right to buy was introduced in the 1980s by Margaret Thatcher and allowed council house tenants to buy their social housing from their local authority if they had lived in it for a minimum of three years.
Don't miss... Angela Rayner warned UK can't 'build itself out of a housing crisis'
Housebuilding was one of Labour's key manifesto pledges (Image: Getty)
Ms Rayner benefitted from the scheme in 2007 when she bought her council house in Stockport, Greater Manchester for ￡79,000 with a 25% discount. She subsequently sold the property and made a profit of ￡48,500.
The government is also considering plans to raise the time a person must have lived in the house before being able to purchase it, with the potential that this could be increased to 10 years.
A similar increase could be made to the time a buyer has to wait before being able to sell the house after purchase. Currently, if the house is sold within the first five years, some of all of the discount must be repaid.
But the move has sparked anger amongst those aspiring to purchase their council home in the way that Angela Rayner did, with a petition calling for her to reverse her decision being signed by more than 3,000 people.
Julie Padfield was one of the lucky few who managed to purchase her houses before the November deadline and believes that the “unfair” decision is an act of “discrimination” against social tenants.
SUBSCRIBE Invalid email
We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. Read our Privacy Policy
Don't miss...
'I almost felt sorry for Angela Rayner but her WASPI hypocrisy is too far' [LATEST]
Angela Rayner's policy to 'fleece' Brits with another tax grab [INSIGHT]
Keir Starmer on brink as 'Labour leadership campaigns already being put together [REPORT]
Right to Buy was introduced in 1980 by Margaret Thatcher (Image: Getty)
Trending
She told the Telegraph: “Now only being able to buy with such a reduced amount means they [social homes] will be unaffordable for most people.
DON'T MISS
Powered by
The affluent mill town now a 'bum town' full of boarded up shops and rough sleepers
1 Comments
Warning over new ￡528 charge for homeowners coming 'at earliest opportunity'
8 Comments
Sadiq Khan's farmers ad ban defied as activist plasters London Underground with posters
10 Comments
The world's poorest ever president earning just ￡500 a month and driving a 20 year old car
1 Comments
Labour accused of 'gaslighting' as new policy 'breaks manifesto pledge
427 Comments
Protesters take to streets as ex Man City player sworn in as President
4 Comments
Angela Rayner among Labour cabinet members set to lose seat to Reform - full list
1194 Comments
Labour on the brink as bombshell new poll reveals Starmer facing loss of 200 seats
804 Comments
Millions of middle-class families face ￡8,000 tax raid under Labour next year
53 Comments
Ed Miliband's extreme green plans to create spark anger across UK, Tory MPs warn
103 Comments
Baroness Owen, 31, demands 'depraved' deepfake porn should be made illegal
50 Comments
Kemi Badenoch hauls in TV boss to demand airtime slashed for rival Nigel Farage
1675 Comments
Chris Packham accuses Labour of being 'complicit' in slaughter of thousands of dolphins
48 Comments
Labour civil war erupts as Keir Starmer branded 'liar' for 'attack on working class'
183 Comments
Angela Rayner warned UK can't 'build its way out of the housing crisis'
29 Comments
Keir Starmer in civil war with Labour councils over plan to house asylum seekers
435 Comments
The UK's 'best' seaside town that's being taken over by Londoners
36 Comments
Angela Rayner to 'fleece' Brits with another tax grab that will impact millions
432 Comments
Experts warn against common mistake when storing Christmas decorations that could cost you
1 Comments
Labour under fire for 'tolerating new slum housing' amid Rayner's 1.5 million pledge
64 Comments
The affluent mill town now a 'bum town' full of boarded up shops and rough sleepers
1 Comments
Warning over new ￡528 charge for homeowners coming 'at earliest opportunity'
8 Comments
Sadiq Khan's farmers ad ban defied as activist plasters London Underground with posters
10 Comments
The world's poorest ever president earning just ￡500 a month and driving a 20 year old car
1 Comments
Labour accused of 'gaslighting' as new policy 'breaks manifesto pledge
427 Comments
Protesters take to streets as ex Man City player sworn in as President
4 Comments
Angela Rayner among Labour cabinet members set to lose seat to Reform - full list
1194 Comments
Labour on the brink as bombshell new poll reveals Starmer facing loss of 200 seats
804 Comments
Millions of middle-class families face ￡8,000 tax raid under Labour next year
53 Comments
Ed Miliband's extreme green plans to create spark anger across UK, Tory MPs warn
103 Comments
Baroness Owen, 31, demands 'depraved' deepfake porn should be made illegal
50 Comments
Kemi Badenoch hauls in TV boss to demand airtime slashed for rival Nigel Farage
1675 Comments
Chris Packham accuses Labour of being 'complicit' in slaughter of thousands of dolphins
48 Comments
Labour civil war erupts as Keir Starmer branded 'liar' for 'attack on working class'
183 Comments
Angela Rayner warned UK can't 'build its way out of the housing crisis'
29 Comments
Keir Starmer in civil war with Labour councils over plan to house asylum seekers
435 Comments
The UK's 'best' seaside town that's being taken over by Londoners
36 Comments
Angela Rayner to 'fleece' Brits with another tax grab that will impact millions
432 Comments
Experts warn against common mistake when storing Christmas decorations that could cost you
1 Comments
Labour under fire for 'tolerating new slum housing' amid Rayner's 1.5 million pledge
64 Comments
The affluent mill town now a 'bum town' full of boarded up shops and rough sleepers
1 Comments
Warning over new ￡528 charge for homeowners coming 'at earliest opportunity'
8 Comments
Sadiq Khan's farmers ad ban defied as activist plasters London Underground with posters
10 Comments
The world's poorest ever president earning just ￡500 a month and driving a 20 year old car
1 Comments
Labour accused of 'gaslighting' as new policy 'breaks manifesto pledge
427 Comments
Protesters take to streets as ex Man City player sworn in as President
4 Comments
Angela Rayner among Labour cabinet members set to lose seat to Reform - full list
1194 Comments
“Agreements which stipulate a reduction [in the price] for the amount of years you have been a tenant are written into most contracts. They [the Government] should uphold the original agreement, and maybe introduce the reduced reduction for new tenants.
“Although many have bought their council houses, and rightfully too, many have been sold to housing associations and multi-tenancy landlords – something which never seems to get mentioned.”
Currently, the discount available is either 70% of the total value of a home or a maximum figure ranging from ￡22,000-￡38,000 depending on region, with whichever is the lowest value being the one on offer.