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

To ask the Secretary of State for Levelling Up, Housing and Communities, what estimate he has made of the total cost of the extension of the Right to Buy scheme to housing associations; and whether that cost will be met through new money from the Treasury, reductions to existing Government departmental budgets or another means.

This Government is committed to the Right to Buy, which has helped nearly two million council tenants to realise their dream of home ownership.

As the Prime Minister has announced, we want housing association tenants to have the same opportunity as local authority tenants to be able to enjoy the benefits that homeownership brings.

The scheme will be funded from within the overall envelope of Government spending, and we will be working closely with the housing association sector as we develop the scheme. We will also ensure that one-for-one replacement of all homes sold is central to the scheme design and will announce more details in due course.