Question to the Ministry of Housing, Communities and Local Government:
To ask the Secretary of State for Housing, Communities and Local Government, whether she has made an assessment of the potential merits of working with private sector organisations to expand rent-to-buy schemes to support first-time buyers.
Rent to Buy is funded through the Affordable Homes Programme (AHP) 2021 to 2026.
To own and manage rent to Buy homes funded through the AHP an organisation must be a Registered Provider with the Regulator of Social Housing.
Some private sector organisations also offer rent-to-buy schemes funded by other means. The government has not made any assessment of such schemes.