Following the Oral Question on the 26 October 2015, “To ask Her Majesty’s Government what action they are taking to address the shortage of housing in London”, asked by Lord Kennedy of Southwark, I would like to clarify a statement that I made in response to a follow up question from Baroness Hussein-Ece.
In response to the noble Lady’s question on the Right to Buy, I would like to clarify that under the voluntary agreement with the National Housing Federation, there will be a presumption that housing association tenants will have the right to purchase their home at Right to Buy level discounts, but associations will not be obliged to sell particular properties where there are reasons why this would not be in the interests of their operations.
This would also include housing associations exercising discretion over the sale of properties provided through charitable or public-benefit resources or bequeathed for charitable or public-benefit purposes, and in the possession of the housing association before it became registered under the Housing Act 1974 (or later equivalent legislation).
There will be an additional new affordable home for every home sold under the Reinvigorated Right to Buy.
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