Member

More than 2 million households have benefited from right to buy—ordinary working families who, in many cases, had never previously imagined that home ownership was within their reach. Growing up, I had many friends whose families benefited from it, including some noble Lords in this House, and I have personally seen the transformational benefits. Right to buy gave them security, independence and a greater stake in their community that they could pass on to their children—a rung up the ladder to improve their lives and those of their families. As was raised by my noble friend Lady Eaton, LSE research has shown significant educational benefits for children in families who have exercised the right to buy.