Question to the Department for Levelling Up, Housing & Communities:

To ask the Secretary of State for Communities and Local Government, what estimate he has made of the likely level of government investment in right to buy schemes in the next five years.

The Government wants to help hard working families achieve their dream of home ownership. The agreement with the National Housing Federation will give 1.3 million housing association tenants the opportunity to purchase their home with Right to Buy discounts.

The Government will be working closely with the sector on the implementation of the agreement.

The Right to Buy will be funded through local authorities payments to the Government based on the estimated value of their high value vacant housing, to encourage efficient management of housing assets.

We will announce more details of the costs of the Right to Buy extension in due course.