Right To Buy Sales Drop Off

There were 2,601 homes sold between April and June this year, a 23% drop from the 3,382 sold in the same three months in 2016. However, a number of councils with large numbers of homes did not report their sales figures. The CLG estimated these councils had around 350 sales between them taking the total sold to 2,951 – a 13% drop on last year. London councils sold an estimated 503 homes – a steep 45% drop from the 921 sold in the same period last year. The proportion of sales in London has decreased over the past year, with only 19% of total sales coming from London compared to 27% last year. Download the figures from the CLG website.