Right To Buy Sales Fall To Lowest Level In Six Years

Councils sold 11,059 properties under Right to Buy in the year to March 2019, according to Ministry of Housing, Communities and Local Government (MHCLG) figures. This is the lowest level since 2012/13, when 5,944 sales were registered. Sales under the policy hit a low during the financial crisis, but picked up in 2012 after the government changed purchase incentives, including increasing the cap on the Right to Buy discount to £75,000. However, sales have never reached anywhere near their early and mid-1980 heights. Read more on the MHCLG website.

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/850399/Social_Housing_Sales_Statistics_2018-19.pdf