Right to Buy Sales Double in a Year

The number of homes purchased under the Right to Buy scheme between April 2012 and April 2013 more than doubled on the previous 12 months, totalling 5,942.  The figures also represent the highest number of sales under the scheme since 2007.  The sales have generated £368 million in gross income - money that the government claims will be used to build new affordable homes for rent.  A total of 2,449 properties were sold between January and March this year, more than four times the 566 sold during the same period in 2012. But there were only 465 replacement homes started or acquired in the same period. Download the statistical release from the GovUK website.