Written Question·Ministry of Housing, Communities and Local Government·UIN 16195
Right to Buy Scheme
Tabled: 26 November 2024
Answered: 5 December 2024
Question
Kevin Hollinrake
Conservative — Thirsk and Malton
To ask the Secretary of State for Housing, Communities and Local Government, how much funding has been provided to local authorities from Right to Buy receipts to fund new housing in each year since 2009-10.
Answer
Matthew PennycookSince 2012, councils have been able to retain a portion of the capital receipts generated from Right to Buy sales to use towards new affordable housing.Prior to 2012, around 75% of receipts were returned to the Treasury and the remaining 25% was retained ...
ⓘ
This is an extract from the Parliament API. Search the full answer on Parliament.uk (UIN 16195) →