Right to Buy Scheme

(asked on 17th December 2024) - View Source

Question to the Ministry of Housing, Communities and Local Government:

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 Portrait
Matthew Pennycook
Minister of State (Housing, Communities and Local Government)
This question was answered on 24th December 2024

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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