United Kingdom · Question · Written question
UIN 95970
Right to Buy Scheme
Original
Introduced
24 November 2022
Last action
1 December 2022 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
1 December 2022
Summary
To ask the Secretary of State for Levelling Up, Housing and Communities, whether his Department plans to roll out a takaful-based funding structure for mortgages for right to buy tenants.
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Timeline
24 November 2022
Written question
To ask the Secretary of State for Levelling Up, Housing and Communities, whether his Department plans to roll out a takaful-based funding structure for mortgages for right to buy tenants.
Source: Commons
1 December 2022
Answer
The legislation governing the Right to Buy scheme requires direct transfer of ownership from the seller to the buyer (the tenant). Any transfer made to a third party is not compatible with the scheme, including Islamic mortgages that operate on this basis...
Source: Written answer
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Sponsors
- · Department for Levelling Up, Housing and Communities · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2022-11-24/95970
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1545348
- uk · wq-1545348 · source updated 1 December 2022