Right to Buy Scheme: West Midlands

Department for Communities and Local Government written question – answered on 11th March 2015.

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Photo of Steve McCabe Steve McCabe Shadow Minister (Education)

To ask the Secretary of State for Communities and Local Government, how many units of housing were sold under Right to Buy and Right to Acquire provisions in each year since 2010 in the West Midlands.

Photo of Brandon Lewis Brandon Lewis Minister of State (Communities and Local Government)

Under the reinvigorated Right to Buy, local authorities are able to keep receipts from additional sales to pay off debt and fund replacement affordable housing.

Statistics on annual Right to Buy sales for each local authority district in England and annual Right to Acquire sales for England are published in the Department’s live tables 685 and 677 here:

https://www.gov.uk/government/statistical-data-sets/live-tables-on-social-housing-sales

Statistics on Right to Acquire sales are not available at a local authority district level.

Since the Right to Buy was reinvigorated in England, £730 million in sales receipts are being re-invested in affordable house building; levering a further £1.7 billion of investment over the next 2 years. This means that in total, over £2.4 billion will be raised to invest in affordable house building as a result of Right to Buy.

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