To ask the Secretary of State for the Home Department what assessment (a) her Department and (b) the Serious Organised Crime Agency has made of the extent of money laundering from social housing sales. (218278)

The Home Office looks to the Serious Organised Crime Agency (SOCA) to make such assessments. On 6 June 2008, SOCA published its unrestricted version of the UK Threat Assessment of Serious Organised Crime which noted the attraction property has for money launderers. SOCA continues to monitor new and emerging threats to the UK from money laundering, including the abuse of ‘right to buy’ property.