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18/09/2015
40,000 New Homeowners Created By Right To Buy
Almost 40,000 new homeowners have been created in the last three years under the Right To Buy scheme, new figures from the Department of Communities and Local Government have revealed.
The department said that the figures are further evidence of how government-led efforts to support hard-working aspiring homeowners are working.
The figures also show that 3,644 new starts and acquisitions have been made since the Right to Buy was reinvigorated in 2012.
This means that the 3,054 additional homes sold in the first year of the scheme are already being replaced on a one-for-one basis nationally.
Housing Minister Brandon Lewis said: "For years, the discounts available under the Right to Buy were left to dwindle, denying thousands of people the opportunity to own their own home.
"This reinvigorated scheme has turned that around, and means nearly 40,000 people have been able to buy the home they love – many of whom might otherwise never have had the chance to become homeowners.
"On top of that, it's getting homes built, with councils replacing the additional homes sold on a one-for-one basis."
(MH/LM)
The department said that the figures are further evidence of how government-led efforts to support hard-working aspiring homeowners are working.
The figures also show that 3,644 new starts and acquisitions have been made since the Right to Buy was reinvigorated in 2012.
This means that the 3,054 additional homes sold in the first year of the scheme are already being replaced on a one-for-one basis nationally.
Housing Minister Brandon Lewis said: "For years, the discounts available under the Right to Buy were left to dwindle, denying thousands of people the opportunity to own their own home.
"This reinvigorated scheme has turned that around, and means nearly 40,000 people have been able to buy the home they love – many of whom might otherwise never have had the chance to become homeowners.
"On top of that, it's getting homes built, with councils replacing the additional homes sold on a one-for-one basis."
(MH/LM)
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04 April 2012
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From April this year two million social tenants could benefit from a discount of up to £75,000 with Right to Buy scheme. The Government has today launched the reinvigorated Right to Buy, with a new discount of up to £75,000.
PM Launches Reinvigorated Right To Buy Scheme
From April this year two million social tenants could benefit from a discount of up to £75,000 with Right to Buy scheme. The Government has today launched the reinvigorated Right to Buy, with a new discount of up to £75,000.
29 May 2014
Over 27,000 Buy New Home Using Help To Buy Scheme
New data shows that more than 27,000 people across the country have bought a new home through the Help to Buy scheme. New stats show how the Help to Buy is opening up home ownership to thousands and supporting the government’s long term plan to help hardworking people secure a better future for their families.
Over 27,000 Buy New Home Using Help To Buy Scheme
New data shows that more than 27,000 people across the country have bought a new home through the Help to Buy scheme. New stats show how the Help to Buy is opening up home ownership to thousands and supporting the government’s long term plan to help hardworking people secure a better future for their families.
30 January 2015
More Than 350 Councils To Receive New Homes Bonus Payments
Housing Minister, Brandon Lewis, has published the final allocations of New Homes Bonus Payments to over 350 councils in England. The total awarded to councils since the scheme's introduction is£3.4 billion, for delivering more than 700,000 new homes and conversions, and bringing over 100,000 empty homes back into use.
More Than 350 Councils To Receive New Homes Bonus Payments
Housing Minister, Brandon Lewis, has published the final allocations of New Homes Bonus Payments to over 350 councils in England. The total awarded to councils since the scheme's introduction is£3.4 billion, for delivering more than 700,000 new homes and conversions, and bringing over 100,000 empty homes back into use.
03 October 2011
Council Tenants 'Right To Buy' Gets Boost
As the Conservative Party Conference got underway yesterday, the Prime Minister David Cameron has pledged to boost the 'right to buy' council house scheme - as introduced under Margaret Thatcher's government in the 1980s.
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14 April 2015
PM Pledges To Extend Right-To-Buy Scheme
Launching the Conservative party's general election manifesto, the Prime Minister has pledged to extend the right-to-buy scheme for housing association tenants in England. David Cameron described the Conservatives as the "party of working people", and promised that some 1.
PM Pledges To Extend Right-To-Buy Scheme
Launching the Conservative party's general election manifesto, the Prime Minister has pledged to extend the right-to-buy scheme for housing association tenants in England. David Cameron described the Conservatives as the "party of working people", and promised that some 1.
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