Right to Buy Scheme

Summary

To ask the Secretary of State for Housing, Communities and Local Government, how much funding has been provided to local authorities from Right to Buy receipts to fund new housing in each year since 2009-10.

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Timeline

1. 26 November 2024

   Written question

   To ask the Secretary of State for Housing, Communities and Local Government, how much funding has been provided to local authorities from Right to Buy receipts to fund new housing in each year since 2009-10.

   Source: Commons

2. 5 December 2024

   Answer

   Since 2012, councils have been able to retain a portion of the capital receipts generated from Right to Buy sales to use towards new affordable housing.Prior to 2012, around 75% of receipts were returned to the Treasury and the remaining 25% was retained ...

   Source: Written answer

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Sponsors

• · Ministry of Housing, Communities and Local Government · Answering body

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