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Right to Buy Ring-Fence Offer (1)

Questions to the Mayor of London – answered on 20th March 2020.

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Photo of Unmesh Desai Unmesh Desai Labour

How many local authorities have signed up to your Right to Buy receipts ring-fence offer and how much funding has been a) allocated to each borough and b) drawn down by each borough?

Photo of Sadiq Khan Sadiq Khan Mayor of London

The Right to Buy ring-fence was designed to give local authorities more time to allocate and spend their Right to Buy receipts. To date, 20 local authorities have opted in to the Right to Buy ring-fence offer. As yet, no funding has been allocated to specific projects and none has been drawn down by the boroughs.