Rent to Buy Scheme

Ministry of Housing, Communities and Local Government written question – answered on 26th April 2018.

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Photo of Gary Streeter Gary Streeter Conservative, South West Devon

To ask the Secretary of State for Housing, Communities and Local Government, what steps he is taking to promote the Rent to Buy scheme as a route into home ownership; and if he will make a statement.

Photo of Heather Wheeler Heather Wheeler Parliamentary Under-Secretary (Housing, Communities and Local Government)

The Government is determined to extend the opportunity of home ownership to hard working families who aspire to home ownership but may be otherwise unable to afford it. We are investing over £9 billion in affordable homes, including Rent to Buy, through the Affordable Homes Programme 2016-21. The programme is flexible and sets no ringfences on particular forms of tenure, so providers can bid into the programme to develop a wide range of homes to meet the housing needs of a range of people in different circumstances and housing markets.

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