Right to Buy Receipts

Questions to the Mayor of London – answered on 24th May 2022.

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Photo of Sem Moema Sem Moema Labour

Further to MQ 2019/17578, how much Right to Buy receipts have been returned to the GLA or London boroughs from the Government in each year since 2012? How has this changed over time?

Photo of Sadiq Khan Sadiq Khan Mayor of London

The table below shows the Right to Buy receipts returned to the Government and in turn, transferred to the GLA to deliver housing for affordable rent in London.

Financial Year

Amount

2012-13

£275,000

2014-15

£10,456,204

2015-16

£20,522,887

2016-17

£10,982,063

2017-18

£8,920,512

2018-19

£46,782,187

2019-20

£178,758,867

2020-21

£47,302,987

2021-22

£11,078,131

Total

£335,078,837