ONE in three councils has not built a single home to replace properties sold through right to buy (RTB), it was revealed yesterday, while house prices jump to record highs.

Out of 166 local authorities in England which have sold council homes at a discount since 2012, a third had not replenished housing stock.

Just one council in 12 has managed to build enough to replace half of the homes, figures provided by the Department for Communities and Local Government also show.

In total, one home has been built for every nine sold under the Conservative Party’s RTB scheme to coax secure council tenants into taking out mortgages on their properties.

The government promised that every home sold will be replaced like-for-like, but the majority of local authorities have yet to do so.

Dudley, in West Midlands, has only replaced 0.4 per cent of homes that were sold off. Sutton, south London, came second last, replacing only 1 per cent.

Defend Council Housing (DCH) representative Eileen Short told the Star: “We desperately need more secure and truly affordable properties across Britain as homes are often expensive, overcrowded, temporary and in bad repair.

“Instead the last government cut investment by 60 per cent, and has pushed bigger subsidies for RTB. They must be held to account and exposed.”

DCH is holding a meeting in Brighton on September 29, at the city’s Friends Meeting House at 6pm.