A question mark has hung over the pilot that was first
announced at the Autumn Statement last year after it was not introduced as
expected in April. However, Autumn Budget documents reveal that funding has
been set aside for the pilot - with £85m of additional spend planned in
2019/20. The total cost will be £200m. The Budget states: “The Budget confirms
that government will proceed with a £200m large-scale regional pilot of the Right
to Buy for housing association tenants in the Midlands”. There was no further
mention of the sale of high-value council homes in the Budget documents, which
is supposed to fund the wider roll out of the scheme. Read more on Inside
Housing.
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