Friday 24 November 2017

Right to Buy Scheme – Parliamentary Written Answer

Lord Beecham: To ask Her Majesty's Government how much they estimate has been realised since 2010 through the sale of council housing under right to buy; and what was the  total of the discounts accorded to purchasers exercising that right. 

Lord Bourne of Aberystwyth: Nearly £4.8 billion has been generated from Right to Buy sales receipts since 2010. Table 682 - Social Housing Sales: Annual Financial Data on Right to Buy sales for England. (https:/www.gov.uk/government/statistical-datasets/live-tables-on-social-housing-sales) contains the average discounts that tenants received when purchasing their home under the Right to Buy.

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