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Answer
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zPBokfX2
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Grant Shapps
answer text
By reinvigorating the Right to Buy we will help more people realise their aspiration of home ownership. The increase in the discount, to £75,000 across England from 2 April 2012, more than quadruples the discount cap in London. The level of discount will depend on the length of tenancy.We have not explicitly estimated the number of cases where this will have the effect of increasing the quantum of the discount claimed by purchases within the Greater London Authority area in the first 12 months of operation. However, tenants will benefit from the increased discount.
answer given date
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Department for Communities and Local Government
written answer has answering body
Department for Communities and Local Government
Department for Communities and Local Government
answering body has written answer
Yz16Otx8
answering body has answer
Yz16Otx8
zPBokfX2
question has answer
Yz16Otx8
Grant Shapps
answering person has answer
Yz16Otx8