Member

One frequent argument against allowing people to purchase their homes is the risk of diminishing the affordable housing stock. Once people acquire these homes, it is not like they suddenly disappear; people still need a home, and they are still there. I am sure that your Lordships will be aware that there are certain rules attached to the right to acquire. If anyone who has acquired a home seeks to dispose of it within 10 years —things change, people might need to move elsewhere—the housing association is the first port of call in being able to reacquire that home.