Use of receipts from Right to Buy sales
We are seeking views on ways to reform rules on using Right to Buy receipts from sold council homes, and on reforming the national one-for-one replacement commitment.
- Government Response Use of receipts from Right to Buy sales: Government response to the consultation
The government wants to support local authorities to build more affordable homes. This consultation invites views on options to change the rules governing the money raised from Right to Buy sales to make it easier for councils to build more homes.
It also seeks views on whether the commitment that every additional home sold (as a result of the increase in discounts in 2012) is replaced on a one-for-one basis nationally should be retained, or reformed to focus on the wider supply of social and affordable housing.
It is being published alongside the social housing green paper
We are keen to hear from local authorities as well as residents and other stakeholders.