Right to Buy Scheme

House of Lords written question – answered on 15th January 2015.

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Photo of Lord Stoddart of Swindon Lord Stoddart of Swindon Independent Labour

To ask Her Majesty’s Government whether they will review their policy of right to buy in the light of the continued shortages of social housing to rent.

Photo of Lord Ahmad of Wimbledon Lord Ahmad of Wimbledon Parliamentary Under-Secretary (Department for Communities and Local Government)

The Government is committed to enabling social tenants to achieve their aspiration for home ownership where this is the right option for them.

We are also committed to ensuring that affordable rented housing is available to those who need it most.

Over £600 million has been generated from additional Right to Buy sales since the policy was reinvigorated, and this is being recycled directly into providing new affordable homes for rent.

Since April 2010, this Government has delivered 217,000 affordable homes, and council housebuilding is at its highest rate for 23 years.

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