§ Lord Hanningfieldasked Her Majesty's Government:
What assessment they have made of the impact of the restrictions to the right-to-buy scheme. I [HL3058]
§ The Minister of State, Office of the Deputy Prime Minister (Lord Rooker)The Government's assessment of the impact of their proposed changes to the right-to-buy scheme are set out in the Explanatory Notes published when the Housing Bill was introduced into the House of Lords on 13 May 2004. Copies were made available in the Library of the Houses.
To summarise, the Government believe that the changes will have a limited effect on public expenditure and little effect on public service manpower, will limit the returns available to companies that seek to exploit the rules, and are compatible with the European Convention on Human Rights.