HC Deb 16 September 2004 vol 424 cc1651-2WS
Mr. Dismore

To ask the Deputy Prime Minister what steps he is taking to allow the purchase of leasehold property, especially under Right to Buy, by Muslims on the same or a similar basis to freehold, who want to take advantage of the Budget provisions to allow purchase of property without the payment of interest and double stamp duty. [188014]

Keith Hill

The Government are aware of the barriers faced by social tenants who wish to use Sharia'a compliant loan finance packages to purchase their homes under the Right to Buy and Right to Acquire schemes. These barriers exist in respect of both freehold and leasehold sales. To address them, the Government are considering ways of facilitating the sale of social homes to such tenants on voluntary terms. It intends to issue proposals for consultation soon.

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