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Housing: Ownership

Asked by Kevin HollinrakeConservativeMinistry of Housing, Communities and Local GovernmentTabled Answered 11 December 2024UIN 17553

The question

To ask the Secretary of State for Housing, Communities and Local Government, what assessment she has made of the impact of the Housing (Right to Buy) (Limits on Discount) (England) Order 2024 on levels of home ownership.

Answered by Alex Norris

The Government’s review of Right to Buy discounts was published alongside the Budget on 30th October, and new maximum cash discounts came into force via the Housing (Right to Buy) (Limits on Discount) (England) Order 2024 on 21 November. As set out in the review, our modelling suggests a long-run average of c. 1,700 sales annually under the new maximum discounts.

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