Member

The noble Lord, Lord Fuller, spoke about the impact of right-to-buy discounts. As the noble Lord, Lord Shipley, said, we are not removing the right to buy but just changing some of the provisions. We want long-standing council tenants to be able to buy their home, but this must be balanced against the need to protect our social housing stock for those who need it most. The noble Lord, Lord Fuller, spoke about when the statutory instrument was introduced. We did publish a detailed review document alongside that, which set out the impact on council stock of the increased discounts introduced in 2012 and the impact on sales of reducing discounts.