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Right to Buy Scheme

Volume 493: debated on Tuesday 2 June 2009

To ask the Secretary of State for Communities and Local Government how much was received by registered social landlords from (a) right to buy and (b) right to acquire sales in each of the last five years. (276139)

Information on receipts from Right to Buy by registered social landlords (RSLs) are not collected centrally. Receipts from Right to Acquire sales are credited to the Disposal Proceeds Fund retained by RSLs and are reinvested in the provision of social rented housing.

Right to Acquire receipts are not identified separately within the Disposal Proceeds Fund which may also contain receipts from Social HomeBuy sales.

Annual account financial return received from the largest RSLs (with greater than 1,000 units) show the closing balances held in the DPF for each year to be as follows:

At March:

£ million

2005

90

2006

110

2007

136

2008

189

Source:

Tenants Services Authority

To ask the Secretary of State for Communities and Local Government how many (a) right to buy and (b) right to acquire sales were made by each registered social landlord in each of the last five years. (276140)

A table will be placed in the Library of the House which shows the number of Right to Buy and Right to Acquire sales by registered social landlord for each of the last five years.

Source:

Homes and Communities Agency Investment Management System (IMS), and Regulatory and Statistical Returns (RSR) to the Tenant Services Authority (TSA) from Registered Social Landlords.