Baroness Bakewell of Hardington Mandeville: To ask Her
Majesty’s Government what the average right to buy discount is expected to be for housing
association tenants outside London; and whether they will break this data down
by local authority area.
Baroness Williams of Trafford: Working with the National
Housing Federation, the Government has secured an historic agreement with housing
associations to give their tenants the opportunity to buy their home with Right
to Buy discounts equivalent to those enjoyed by Council tenants, up to a
maximum discount of 70% of market value, or £77,900 (£103,900 in London),
whichever is lower. This will deliver the manifesto commitment to extend the benefits
of Right to Buy to 1.3million housing association tenants.
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