Selling off high-value council homes could leave a £1.3bn black hole and magnify the housing divide

Permissions for 66,102 new homes were granted in the first three months of the year in England, according to HBF and Glenigan, which is actually up 4% on the same period last year.

It's no surprise that prime central London is home to the majority of £2m+ residences - RBKC and Westminster account for 46% of the England and Wales total, says Knight Frank - but what about those…