The Parliamentary Under-Secretary of State, CLG (Baroness Hanham): We have announced our intention to revitalise the right to buy scheme by significantly increasing discounts. In our consultation paper Reinvigorating Right to Buy and one for one replacement, published on 22 December 2011, we propose to raise the upper limit on the right to buy discount entitlement to £50,000 throughout England. The proposal applies to those tenants who currently have a right to buy or preserved right to buy. There are no plans to extend the right to buy to housing association tenants who have the right to acquire or to tenants without a right to purchase.
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