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Housing: Low Incomes

Volume 493: debated on Monday 1 June 2009

To ask the Secretary of State for Communities and Local Government what the average right-to-buy discount was as a percentage of average (a) house prices and (b) right-to-buy property sale prices in each region in each year since 1997. (275906)

The following table shows the average Right to Buy discount as a percentage of house prices in England, by year and region.

Percentage

North East

North West

Yorkshire and Humber

East Midlands

West Midlands

1997-98

27

26

25

25

1998-99

25

25

26

24

1999-2000

17

23

23

23

23

2000-01

19

21

22

21

22

2001-02

17

20

21

20

20

2002-03

16

18

17

19

17

2003-04

16

18

17

16

17

2004-05

16

16

15

15

15

2005-06

16

16

16

14

15

2006-07

15

16

15

15

15

2007-08

14

16

15

14

14

Percentage

Eastern

London

South East

South West

England

1997-98

28

29

27

26

27

1998-99

26

27

26

25

26

1999-2000

27

24

25

24

24

2000-01

23

21

21

22

21

2001-02

21

20

20

21

19

2002-03

19

17

18

18

17

2003-04

17

16

17

17

15

2004-05

17

14

16

15

14

2005-06

16

11

16

15

13

2006-07

16

8

15

14

12

2007-08

15

6

14

13

11

Source:

Right to Buy figures are from P1B returns from local authorities to CLG. Average property prices are from CLG House Price Index figures.

The following table shows the average Right to Buy discount as a percentage of Right to Buy property prices in England, by year and region.

Percentage

North East

North West

Yorkshire and Humber

East Midlands

West Midlands

1997-98

49

49

47

47

48

1998-99

48

48

47

50

49

1999-2000

47

48

47

46

48

2000-01

47

47

46

45

49

2001-02

46

46

46

43

47

2002-03

45

45

44

41

44

2003-04

42

43

43

38

40

2004-05

34

41

40

35

34

2005-06

34

37

35

31

33

2006-07

31

34

31

28

30

2007-08

28

32

28

27

30

Percentage

Eastern

London

South East

South West

England

1997-98

50

53

49

49

49

1998-99

49

53

50

50

50

1999-2000

47

51

47

48

48

2000-01

45

48

44

46

47

2001-02

43

42

42

44

44

2002-03

39

37

39

40

41

2003-04

35

32

35

36

37

2004-05

33

28

32

34

33

2005-06

30

22

30

31

31

2006-07

27

14

28

28

27

2007-08

25

13

26

27

24

Source:

P1B returns from local authorities to CLG.

The Right to Buy (RTB) property price figures are based on the total property price, not the amount paid by the purchaser, who is entitled to a discount on the market value. The figures only cover sales of local authority properties through the RTB scheme, not sales of registered social landlord properties. Around 80 per cent. of RTB sales in 2007-08 were local authority properties, while 20 per cent. are of properties owned by registered social landlords.

The average property prices are based on the average of the monthly prices, and the weights used in the mix-adjustment process are changed each year. Figures are not available for the North West for 1997 and 1998 because the North West was previously calculated excluding Merseyside, and mix-adjusted prices for the North West including Merseyside are only available from 1999.

The RTB figures are on a financial year basis, the average property prices are on a calendar year basis.

To ask the Secretary of State for Communities and Local Government pursuant to the answer of 8 May 2009, Official Report, column 450W, on housing: low incomes, how many homes each figure in the table represents. (276377)

The following tables show the number of house building completions, and the number of affordable housing new build completions, by year and region.

The following tables show the number of homes built in each year since 1997-98, by region.

Number

North East

North West

Yorkshire and Humber

East Midlands

West Midlands

1997-98

7,580

19,200

15,460

14,550

13,390

1998-99

6,540

19,220

13,080

14,760

14,250

1999-2000

7,200

18,280

13,320

16,480

15,380

2000-01

6,640

18,170

13,340

13,680

14,090

2001-02

6,430

15,840

13,170

14,100

13,370

2002-03

5,610

18,200

13,200

14,880

13,870

2003-04

5,940

17,750

14,000

14,380

13,840

2004-05

7,130

17,910

14,190

15,470

14,150

2005-06

7,640

20,620

16,040

16,890

16,190

2006-07

8,150

18,070

16,250

17,990

15,100

2007-08

7,980

20,310

15,670

17,380

13,520

Number

Eastern

London

South East

South West

England

1997-98

21,300

13,620

25,440

19,000

149,560

1998-99

18,950

14,430

23,200

15,830

140,260

1999-2000

18,770

13,680

22,800

15,890

141,800

2000-01

16,030

14,490

21,840

14,970

133,260

2001-02

15,620

13,930

21,820

15,600

129,870

2002-03

17,840

15,670

22,750

15,730

137,740

2003-04

18,400

19,390

24,280

15,980

143,960

2004-05

19,890

24,060

25,690

17,410

155,890

2005-06

20,250

18,810

28,210

18,760

163,400

2006-07

22,560

22,760

27,360

19,430

167,680

2007-08

22,230

20,740

30,170

18,990

166,990

Source: P2 quarterly returns submitted by local authorities and the National House-Building Council (NHBC) to CLG.

The following tables show the number of affordable homes built in each year since 1997-98, by region.

Number

North East

North West

Yorkshire and Humber

East Midlands

West Midlands

1997-98

1,250

3,190

2,560

1,970

2,480

1998-99

950

3,570

1,840

1,870

2,530

1999-2000

790

2,590

1,600

1,590

2,790

2000-01

560

2,370

1,450

1,360

2,260

2001-02

820

2,610

1,400

1,320

1,950

2002-03

300

2,550

1,230

1,300

2,460

2003-04

560

1,620

1,430

1,400

2,090

2004-05

690

1,960

1,190

1,630

2,610

2005-06

930

2,040

1,550

2,480

3,370

2006-07

1,230

2,230

1,830

2,370

2,440

2007-08

830

3,280

1,970

3,410

3,750

Number

Eastern

London

South East

South West

England

1997-98

2,840

4,920

5,470

3,550

28,210

1998-99

2,990

4,890

5,360

2,550

26,550

1999-2000

2,020

4,410

3,940

2,630

22,360

2000-01

2,250

4,850

3,610

2,230

20,940

2001-02

2,360

5,000

3,860

2,430

21,740

2002-03

2,460

4,420

4,180

2,210

21,100

2003-04

2,760

6,010

5,160

2,860

23,890

2004-05

3,140

6,430

6,440

2,850

26,930

2005-06

4,160

7,460

7,500

3,770

33,260

2006-07

5,020

10,190

7,600

3,360

36,260

2007-08

6,260

11,160

8,290

4,630

43,560

Source: Affordable housing new build figures are collated from the Homes and Communities Agency Investment Management System (IMS); and Housing Strategy Statistical Appendix (HSSA) returns and P2 house building returns submitted to CLG by local authorities. Not all affordable housing is provided by new build completions, as some supply can come from acquisitions.

Not all affordable housing is provided by new build completions, as some supply can come from acquisitions. For example, an additional 10,170 affordable homes were acquired in England in 2007-08; these are not included in the tables above.

To ask the Secretary of State for Communities and Local Government how many financial assessments have been carried out as part of a household's application under a Homebuy scheme in each of the last three years. (277386)

Each applicant for a HomeBuy scheme has a financial assessment carried out as part of the process to establish their eligibility and ability to afford the costs of the scheme. The Homes and Communities Agency does not collect information on the number of financial assessments that are carried out.

To ask the Secretary of State for Communities and Local Government if she will place in the Library a copy of each contract between her Department and Homebuy agents; and if she will make a statement. (277387)

A copy of the standard contract between the Homes and Communities Agency and HomeBuy agents has been placed in the Library of the House. Individual contracts are commercially confidential.

To ask the Secretary of State for Communities and Local Government how the receipts from the Social Homebuy scheme were distributed in each of the last three years. (277388)

Receipts from Social HomeBuy sales by housing associations are retained by the vendors and are used to provide further social rented homes.

Local authorities may retain all Social HomeBuy sales receipts provided that these are used for the purposes set out in The Local Authorities (Capital Finance and Accounting) (Amendment) (England) Regulations 2006—Statutory Instrument 2006 No. 521—ie, for the purpose of providing affordable housing or of meeting the costs of the Social HomeBuy scheme.

To ask the Secretary of State for Communities and Local Government how many homes purchased for social rent were bought from (a) developers, (b) private owners and (c) other organisations in the social sector in each of the last five years. (277450)

For the number of homes purchased for social rent, I refer the hon. Member to the answer I gave him on 8 May 2009, Official Report, columns 450-51W.

CLG do not have figures on who homes purchased for social rent were bought from.

To ask the Secretary of State for Communities and Local Government what the average right-to-buy discount was as a percentage of average (a) house prices and (b) right-to-buy sales prices in each region in each year since 1997. (277667)