Thursday, 29 October 2015

Right to Buy Scheme – Parliamentary Written Answer

Asked by Baroness Bakewell of Hardington Mandeville: To ask Her Majesty’s Government how many homes sold under the Right to Buy scheme since 2000 have been replaced; and whether they will place the figures for each year since 2000 in the Library of the House.
Baroness Williams of Trafford: In the first year (2012/13) following the reinvigoration of Right to Buy by the last Government, there were 3,054 additional homes sold. By the end of Q1 2015/16 there were 3,644 new starts and acquisitions. Councils have three years to replace the additional homes sold.

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