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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 David Blunkett David Blunkett Labour, Sheffield, Brightside and Hillsborough

To ask the Secretary of State for Communities and Local Government how many homes his Department estimates will be created from the revenue from the sale of social housing properties to their tenants at a 50 per cent. discount.

Photo of Grant Shapps Grant Shapps The Minister for Housing

The receipts generated by right to buy sales will be used not only to pay down the debt associated with that property but also help to fund the delivery of new affordable homes on a one for one basis.

We will be consulting shortly on the best way to ensure delivery of replacement homes across England.

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