Right to Buy Scheme
The question
To ask the Secretary of State for Housing, Communities and Local Government, pursuant to the Answer of 11 December 2024 to Question 17553 on Housing: Ownership, whether she has made an estimate of potential changes in the levels of Right to Buy sales arising from changes to Right to Buy (a) discounts and (b) eligibility.
Answered by Matthew Pennycook
A review of Right to Buy discounts was published alongside the Budget. In this review, our modelling suggests a reduction in Right to Buy sales under the new maximum cash discounts with a long run average of c. 1,700 sales annually.
On 20 November we launched a consultation on wider reforms to the Right to Buy. The consultation seeks views on eligibility criteria and any policy changes brought forward following the consultation will be subject to appropriate assessment.
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