Over 380 landlords have signed the Respect Standard covering around 70 per cent. of all social housing stock in England. Approximately 1,620 social landlords in England have not signed up to the Respect Standard which comprise mostly of small housing associations.
There are 1.873 million housing association tenants in England. Approximately 28,000 (1.5 per cent.) are secure tenants of non-charitable housing associations who have (a) the right to buy. Another 1 million tenants (53 per cent.), who transferred with their homes from local authorities since 1988, have retained (b) a preserved right to buy.
In addition, over 188,000 housing association tenants (10 per cent.) may qualify for the right to acquire because their homes have been built with public funds since 1 April 1997.
Some of the tenants of the 871,241 homes which have transferred from local authorities to housing associations since 1 April 1997 may also qualify for the right to acquire scheme.
The Government appointed Brian Pomery to help them follow up the shared equity task force report and advise on ways to develop the private sector shared equity market. The work is ongoing.
The evaluation report of the Social HomeBuy scheme is expected shortly and will be published in due course.