Department for Communities and Local Government written question – answered at on 5 June 2015.
To ask the Secretary of State for Communities and Local Government, what estimate he has made of the revenue raised which will be made available to housing associations in (a) England and Wales, (b) England, (c) London, (d) London Borough of Islington and (e) Islington South and Finsbury constituency following the extension of the Right to Buy policy to housing association tenants.
To ask the Secretary of State for Communities and Local Government, what financial support will be made available to housing associations to compensate for and replace housing stock sold at below market value through the extended right to buy scheme.
To ask the Secretary of State for Communities and Local Government, what assessment he has made of the potential effect of the proposed extension of right to buy on public finances.
To ask the Secretary of State for Communities and Local Government, what assessment he has made of the potential effect of the extension of right to buy on the availability of (a) social housing and (b) affordable housing.
To ask the Secretary of State for Communities and Local Government, what estimate he has made of the number of new homes for social rent that it will be financially viable for housing associations to build using revenue accrued from the planned extension of the Right to Buy to housing association tenants.
To ask the Secretary of State for Communities and Local Government, what estimate he has made of the number of housing association homes that will be sold following the planned extension of the Right to Buy to housing association tenants.
Details will be set out in the impact assessment when the Housing Bill is published.
It has been made clear that every additional home sold under the extended Right to Buy would be replaced with a new affordable home.
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No1 person thinks not
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