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Right to Buy Scheme

Communities and Local Government written question – answered on 12th December 2011.

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Photo of Nick Raynsford Nick Raynsford Labour, Greenwich and Woolwich

To ask the Secretary of State for Communities and Local Government what estimate he has made of the potential implications for housing benefit expenditure of the extension of the Right to Buy scheme under which homes sold will be replaced by hew homes let as affordable rents. [R]

Photo of Grant Shapps Grant Shapps The Minister for Housing

The Government have announced their intention to reinvigorate the Right to Buy—to support social housing tenants who aspire to own their own home, by raising the discount to make it attractive to tenants across England.

To support tenants and help build more affordable housing, we are matching this with a commitment that for every additional home bought under Right to Buy, a new affordable home will be built.

We will issue a consultation on our proposals shortly and intend to publish an Impact Assessment.

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