Hounslow Council is to bring 555 homes into council ownership, under the Mayor of London’s Right to Buy-back fund.

The west London borough will receive £38.7m from the fund – the largest allocation under the scheme since it launched in July.

The fund gives boroughs and council-owned housing companies the ability to purchase homes from the open market, including former council homes that have been sold through the Government’s Right to Buy programme.

These homes can then either be let at social rent levels or used as accommodation for homeless families.

Islington became the first borough to receive funding through the Mayor’s Right to Buy-back scheme in September 2021.

Out of the 555 homes Hounslow Council will bring into council ownership, 20 family-sized homes will be ringfenced for Afghan nationals who have been granted leave to resettle in the UK.

Hounslow will purchase a further 25 homes and convert these to low-cost, social rented homes specifically for care leavers on the housing register.

Councils have a duty of care to teenagers leaving the care system but unfortunately many still end up struggling to find accommodation. Nationally, one third of care leavers become homeless in the first two years immediately after they leave care.

All homes purchased through the Mayor’s “Right to Buy-back” fund must meet the Government’s Decent Homes Standard.

Whilst 20 of the homes will be for Afghan refugees and 25 for care leavers, the remaining 510 council homes will be made available to house individuals and families on the council’s housing waiting list.

The Mayor of London, Sadiq Khan said: “I’m determined to continue increasing the number of council homes for Londoners and I’m delighted that Hounslow has committed to using investment from City Hall to bring so many properties back into council ownership.

“This will enable Hounslow to provide good quality and genuinely affordable homes to more than 500 families in London.

“London has a wonderful tradition of helping those in need, and I’m proud Hounslow will use some of the funding to help house vulnerable care leavers and Afghan refugees.

“Hounslow joins Islington in taking swift, bold action to help deliver the homes Londoners so desperately need. I’m hopeful that other boroughs will look to them and submit their own proposals.

“We also need to see ambition from Ministers to replicate the ‘Right to Buy-back’ scheme nationally, giving councils and housing associations the support they need to purchase much-needed homes.”

Leader of Hounslow Council, Cllr Steve Curran, said: “We are delighted to have received this allocation of funding from the Mayor’s Right to Buyback scheme; it will enable us to provide more council homes for those that need them.

“Some of these homes will give safety and security to care-leavers, and some to Afghan refugee families, who will be welcomed into our local communities.”