London borough's social housing sales top £14m

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Published by Max Salsbury for 24dash.com in Housing and also in Finance, Local Government

Hammersmith and Fulham Council has raised £14.4m from social housing sales so far this year.The council has managed to sell-off 38 properties and two Right to Buys in 2012. The council claims that a number of the properties were "dilapidated" and "too expensive to bring back into use".The amount of sales has already beaten last year's figures. In 2011, the council managed to sell 28 social homes plus three Right to Buys.The council said: "The money received from the sales of these ‘expensi...

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