HC Deb 22 February 1989 vol 147 c687W
46. Mr. Knox

To ask the Secretary of State for the Environment how many council houses have been sold to sitting tenants in England since May 1979.

Mr. Trippier

From April 1979 to December 1988 an estimated 1 million tenants bought their homes from English local authorities and new towns.

50. Mr. Flannery

To ask the Secretary of State for the Environment what plans he has for the disbursal of the money from the sale of council houses.

Mr. Trippier

Under the provisions of part IV of the Local Government and Housing Bill a local authority which sells council houses would be required to set aside part of the receipts to reduce its indebtedness. The balance would be available to the authority without restriction for new capital investment.