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Homebuy Scheme

Volume 459: debated on Friday 20 April 2007

To ask the Secretary of State for Communities and Local Government (1) how many individuals have completed a sale to part-own or own their social home under the Social Homebuy scheme; (129227)

(2) how many (a) housing associations and (b) local authorities are offering the Social Homebuy scheme.

33 Social Homebuy sales were completed up to the end of February 2007 and there are 575 applications in the pipeline. The sales are mainly from the four first housing association pilots.

41 housing associations and two local authorities have now begun offering the scheme to their tenants as part of the Social Homebuy pilot. We expect a further 37 housing associations and six more local authorities to do so by April 2007.